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.
Al Mazaya established a shareholder company under the name of “ Al Yammar Kuwaiti Agricaultural Company”
Subject: Al Yamar Kuwaiti Agricultural Company
With reference to the above mentioned subject, and to the instructions of the Capital Markets Authority regarding disclosure of material information number (CMA /A.R/SE/ 2/2012), Al Mazaya Holding co. announces the completion of establishment for a single person company under the name of “Al Yamar Kuwaiti Agricultural Company – Sole Shareholder Company” with capital of 1,000,000 KD (one million Kuwaiti dinars).
