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.
Supplementary Disclosure Postponement of shares record (entitlement) Date of Al Mazaya Holding Co.
In reference to the above subject, and to our disclosure dated 28/04/2021 regarding the results of extraordinary general assembly meeting for Al Mazaya Holding Co. KSCP, the Supplementary Disclosure form is attached.
Please note that the mentioned procedures are related to the capital reduction resulting from the elimination of the direct treasury shares. Furthermore, the record (entitlement) and payment dates detailed in the corporate action disclosure form are used only for procedural purposes and there are no payments taking place.
| Date: | 09/06/2021 |
| Name of listed company | Al Mazaya Holding Co. K.S.C. P |
| Disclosure Subject | Postponement of stock entitlement Date of Al Mazaya Holding Co. |
| Date of previous disclosure | 28/04/2021 |
| Disclosure updates | Postponement of stock entitlement Date of Al Mazaya Holding Co., as mentioned in the attached stock entitlements disclosure form, due to the incompletion of publication procedures |
| Financial impact of the update (if any) | No financial impact |
