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.
Mazaya Turkey Real Estate Investment
8:42:36 – Al Mazaya Holding (Mazaya) disclosure
Kuwait Stock Exchange Market announces receiving a letter from Al Mazaya Holding (Mazaya) which states the following:
Al Mazaya Holding announces completing the establishment of a wholly owned Istanbul-based joint stock subsidiary in accordance with the Turkish Parliament’s regulations, under the name “Mazaya Turkey Real Estate Investment”. The step is within the framework of the company’s geographical expansion policy which aims to pave the way for investment diversification. Al Mazaya Holding has appointed Mr. Jim Youlko, Turkish national, a CEO of the company.
