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.
Extraordinary General Assembly meeting results disclosure for Al Mazaya Holding Co
With reference to the above subject, and to paragraph 27 of 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, kindly find attached Supplementary Disclosure form.
Supplementary Disclosure
| Date: | 27/12/2023 |
| Name of listed company | Al Mazaya Holding Co. K.S.C. P |
| Disclosure Subject | Supplementary disclosure from Al Mazaya Holding Company K.S.C.P. (Holding) regarding the Extraordinary General Assembly. |
| Date of previous disclosure | 04/12/2023 |
| Disclosure updates | Kindly note that the Extraordinary General Assembly meeting for Al Mazaya Holding Co. is postponed as the legal quorum is not fulfilled to hold the meeting, and the postponed meeting will be held on Thursday 04/01/2024 at 11:00 am at the company premises in Al Merqab – Khaled bin Al Waleed Str. – Al Mazaya Tower (1) – Floor (22). |
| Financial impact of the update (if any) | There is no financial impact. |
