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.
Corrective announcement regarding the results of the Extraordinary General Assembly meeting
With reference to the above subject, And to our disclosure dated 4/25/2021 regarding the results of extraordinary general assembly meeting for Al Mazaya Holding Co.KSCP, the corrective announcement form is attached
Corrective announcement Form
| Date: | 28/04/2021 |
| Name of listed company | Al Mazaya Holding Co. K.S.C. P |
| Announcement title | Corrective announcement by Al Mazaya Holding Company regarding the results of the Extraordinary General Assembly meeting |
| The date of the previous announcement | 25/04/2021 |
| The wrong statement in the previous announcement | Not mentioning the distribution date in corporate action disclosure form |
| correcting the erroneous information | Adding the distribution date in corporate action disclosure form |
| Reasons of the erroneous information | Adding the distribution date is a formality only, as there are no dividends, because the capital was reduced as a result of the cancelation of direct treasury shares. |
| The Name of the Authorized Signatory | Anwar AL Sayed Mohamed Saleh |
| Designation | Manager – Legal and Compliance Department |
| Signature and Date | 28/04/2021 |
| Company’s Seal |
