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.

Announcements & Disclosures

The approval of the CMA to allow the company to purchase or sell not more than 10% of its shares

03-January-2018

Date: 3/1/2018

 

Title: The approval of the CMA to allow the company to purchase or sell not more than 10% of its shares.

With reference to the above mentioned subject and to paragraph 24 of article 4-1-1 of chapter 4 of book 10 of the executive regulation of law No.7 of 2010 regarding the establishment of the Capital Markets Authority and regulating securities’ activities, kindly be advised that:

3/1/2018

Date:

Al Mazaya Holding Co. K.S.C.P

Name of listed company

The approval of the Capital Markets Authority to allow the company to purchase or sell not more than 10% of its shares for aperiod of six monthsstarting from 3/1/2018 as per the approval granted.

Material information

No Effect of the material informationon the company financial position

Effect of the material information on the company financial position