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.
The Board of director of Al Mazaya Holding Co. has approved the company’s Interim Condensed Consolidated Information for the fiscal period ending 31/03/2021.
Reference to the above subject, and our disclosure on the date of 20/04/2021, kindly find attached the material information disclosure form clarifying the results of the meeting of the BOD of Al Mazaya Holding Co. held on Monday 26/04/2021.
Form for Disclosing Material Information
| Name of listed company | Al Mazaya Holding Co. |
| Material information | The Board of director of Al Mazaya Holding Co. has convened on 26/04/2021 at 1:00 PM where they discussed and approved the company’s Interim Condensed Consolidated Information for the fiscal period ending 31/03/2021. |
| Effect of the material information on the company financial position | Attached
– Interim Condensed Consolidated Financial Information according to Boursa Kuwait templates. – Interim Condensed Consolidated Statement of Financial Position. – Interim Condensed Consolidated Statement of Income. – Independent Auditor’s Report on the Interim Condensed Consolidated Financial Information for the period ended 31/03/2021. |
