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.
Resignation of Mr. Abdul Aziz Basim Al Lughani ,Vice Chairman of Al Mazaya Holding from the board
With reference to the above mentioned subject and to the Capital Markets Authority’s guidelines on disclosure of material information (هـ أ .م/ق.ر./إ.م./2/2012), we would like to inform you that Mr. Abdul Aziz Basim Al Lughani , vice chairman of al mazaya holding , has submitted his resignation from the membership of the Board of Directors for personal reasons and for his desire to pursue other business interests.
The Board of Directors accepted the resignation of Mr. Abdul Aziz Basim Al Lughani in their meeting held on 11th of February 2015 .
