Al Mazaya Holding Co (K.S.C) a leading property firm in the region, signed a contribution contract with "Oman Construction" to share in a real estate investment portfolio in Oman with a capital of OMR 3.1 million. Al Mazaya's share is 40% while 12% is for Oman Construction and 12% for "Mina" real estate company. The remainder of the percentage is submitted for IPO from a chosen group of investors and real estate companies.
The Board of Directors of the Company met and elected by secret voting Chairman and Vice Chairman of the Board of Directors.
17-March-2022
Date: 17/3/2022
Subject: Disclosure of material information
With reference to the above subject and to paragraph 9 of article 4-1-1 of chapter 4 of book 10 of the executive regulation of law No.7 of 2010 regarding the establishment of the Capital Markets Authority and regulating securities’ activities, kindly be advised of the Composition of the Board of Directors.
Disclosure of material information
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17/03/2022
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Date:
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Al Mazaya Holding Co. K.S.C. P
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Name of listed company
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The Board of Directors of the Company met and elected by secret voting Chairman and Vice Chairman of the Board of Directors. As well as the board members as follows:
1) Mr. Rasheed Yaqoub AlNafisi. (Chairman -(non-Executive)
2) Mr. Eid Abdallah Ryes Al Rasheedi representing Mezzan Combined for General Trading W.L.L. (Vice Chairman -non-Executive)
3) Mr. Abdul Hameed Mohammad Deeb Mehrez. representing United Circle General Contracting and Building Company O.P.C (Board member – non-Executive)
4) Mr. Mohammad Khaled Othman AL Othman. (Independent Board member)
5) Mr. Ali Abdulrahman AL Shaya (Independent Board member)
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Material information
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No financial impact
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Effect of the material information on the company financial position
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