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 directors of Al Mazaya Holding Co. has convened on 03/02/2022 where they approved the company’s Annual Financial Statements for the year ended 31/12/2021.
Reference to the above subject, and our disclosure on the date of 30/01/2022, kindly find attached the material information disclosure form clarifying the results of the meeting of the BOD of AlMazaya Holding Co. held on Thursday 03/02/2022.
Form for Disclosing Material Information
| Date: | 03/02/2022 |
| Name of listed company | Al Mazaya Holding Co. |
| Material information | The Board of directors of Al Mazaya Holding Co. has convened on 03/02/2022 at 1:00 PM where they discussed and approved the company’s Annual Financial Statements for the year ended 31/12/2021. |
| Effect of the material information on the company financial position | Attached – Annual Consolidated Financial Statements according to Boursa Kuwait templates. – Consolidated Statement of Financial Position. – Consolidated Statement of Income. – Independent Auditor’s Report on the Annual Financial Statements for the year ended 31/12/2021. |
