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 28/04/2022 where they approved the company’s Interim Condensed Consolidated Information for the fiscal period ending 31/03/2022.
Reference to the above subject, and our disclosure on the date of 25/04/2022, kindly find attached the material information disclosure form clarifying the results of the meeting of the BOD ofAl Mazaya Holding Co. held on Thursday 28/04/2022.
Form for Disclosing Material Information
| Date: | 28/04/2022 |
| Name of listed company | Al Mazaya Holding Co. K.S.C. P |
| Material information | The Board of directors of Al Mazaya Holding Co. has convened on 28/04/2022 at 1:30 PM where they discussed and approved the company’s Interim Condensed Consolidated Information for the fiscal period ending 31/03/2022. |
| 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 31/03/2022. |
