Announcements & Disclosures

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.

Annual Consolidated Financial Statements for the Year Ended at 31/12/2017 For Al Mazaya Holding Co.

01-February-2018

In reference to the above subject, we are pleased to inform you that the Board of Directors of Al Mazaya Holding Company KSC was held on Thursday 1/2/2018 at 1:00 pm and approved the financial statements for the year ended 31/12/2017 and recommended the following to the AGM:

  • Distribution of cash dividend of 8% of the nominal value per share at the rate of 8 fils per share.

Dividends entitlement date will be on April 12, 2018 and dividends distribution date will be on 24th April, 2018.

Kindly find attached the following:

-          Annual Consolidated Financial Statements disclosures according to Boursa Kuwait templates.

-          Consolidated statement of financial position.

-          Consolidated statement of income.

-          Independent Auditors’ Report on the Annual Consolidated Financial Statements for the year ended at 31/12/2017.

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