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.
Supplementary Disclosure (Disclosure of the Date of BOD Meeting of Al Mazaya Holding Company KSCP (Holding)
Al Mazaya Holding Company would like to inform you that the board of directors will meet on Wednesday 05/04/2023 at 1:30 PM to discuss the item included in the attached disclosure form.
Supplementary Disclosure
| Date: | 30/03/2023 |
| Name of listed company | Al Mazaya Holding Co. K.S.C. P |
| Disclosure Subject | Supplementary Disclosure from Al Mazaya Holding Company KSCP regarding the date of the Board of Directors meeting to discuss the updates regarding the initial offer received by the company to buy all the shares of the subsidiary company (Ritim Istanbul Company) in the Republic of Turkey. |
| Date of previous disclosure | 06/02/2023 |
| Disclosure updates | The BOD of Al Mazaya Holding Company K.S.C.P (Holding) will convene on Wednesday 05/04/2023 at 01:30 PM to discuss the following subject: – Updates regarding the initial offer received by the company to buy all the shares of the subsidiary company (Ritim Istanbul Company) in the Republic of Turkey. |
| Financial impact of the update (if any) | The financial impact will be disclosed after that board meeting. |
