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 Confirmation of Corporate Action Milestones of Al Mazaya Holding Co.
13-August-2025
Date:12/08/2025
Subject: Supplementary Disclosure Confirmation of Corporate Action Milestones of Al Mazaya Holding Co.
In reference to the above subject, and to our disclosure dated 30/07/2025 regarding the Disclosure of the schedule for Corporate Actions (distribution of bonus shares from treasury shares)for Al Mazaya Holding Co. KSCP, the Supplementary Disclosure form is attached.
Supplementary Disclosure
| Date: |
12/08/2025 |
| Name of listed company |
Al Mazaya Holding Co. K.S.C.P |
| Disclosure Subject |
The Board of directors of Al Mazaya Holding Co. has convened on 30/07/2025 at 1:00 PM where they discussed and approved the following: - The company’s Interim Condensed Consolidated Financial Information for the period ending 30/06/2025. |
| Date of previous disclosure |
30/07/2025 |
| Disclosure updates |
The company confirms the Corporate Action Milestones detailed in the attached corporate action disclosure form approved by Kuwait Clearing Company, as follows:
| Sr. |
Event
|
Date
|
|
1
|
Confirmation date/ Confirmation of Corporate Action Milestones
|
17/08/2025
|
|
2
|
Cum Date
|
25/08/2025
|
|
3
|
EX Date
|
26/08/2025
|
|
4
|
Record Date
|
28/08/2025
|
|
5
|
Payment date
|
09/09/2025
|
|
| Financial impact of the update (if any) |
This distribution impact will be recorded once executed by reducing the retained earnings by an amount of KD 884,686 against treasury shares without any increase in either the Company’s share capital or its issued shares on the record date of such distribution. This amount may change based on the actual number of treasury shares as at the record date |
The issuer of this disclosure bears full responsibility for the soundness, accuracy, and completeness of the information contained therein. The issuer acknowledges that it has assumed Care of a Prudent Person to avoid any misleading, false, or incomplete information. The Capital Markets Authority and Boursa Kuwait Securities Exchange shall have no liability whatsoever for the contents of this disclosure. This disclaimer applies to any damages incurred by any Person as a result of the publication of this disclosure, permitting its dissemination through their electronic systems or websites, or its use in any other manner.