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 Holding Company K.S.C.P. had signed a market maker services agreement with the National Investments Company K.S.C.P
Al Mazaya Holding Co. K.S.C. P (Holding)
In reference to above subject, and to 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, herewith attached copy of the Disclosure of material information
Disclosure of material information
| Date: | 30/03/2022 |
| Name of listed company | Al Mazaya Holding Co. K.S.C. P |
| Material information | Al Mazaya Holding Company K.S.C.P. had signed a market maker services agreement with the National Investments Company K.S.C.P that is licensed to engage in securities activities to provide liquidity and enhance the supply & demand for the company’s shares, by applying the trading rules established by the Capital Markets Authority, Boursa Kuwait and the Kuwait Clearing Company. |
| Effect of the material information on the company financial position | No financial impact |
