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.
Disclosure of the Results of BOD Meeting of Al Mazaya Holding Co.
30-July-2026
Date:29/07/2026
Subject: Disclosure of the Results of BOD Meeting of Al Mazaya Holding Co.
Reference to the above subject, and our disclosure on the date of 23/07/2026, kindly find attached the material information disclosure form clarifying the results of the meeting of the BOD of Al Mazaya Holding Co. held on Wednesday 29/07/2026.
Form for Disclosing Material Information
| Date: |
29/07/2026 |
| 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 29/07/2026 at 1:30 PM where they discussed and approved the following:
- The company’s Interim Condensed Consolidated Financial Information for the period ending 30/06/2026.
- Interim dividend distribution for the fiscal period ended on 30/06/2026 to the companies’ shareholders.: Based on the resolution of the Company’s Ordinary General Assembly dated 30/03/2026 that approved and authorized the Board of Directors’ to distribute interim dividends (semiannual or quarterly) and to determine the dividends distribution rate, the company’s Board of Directors had decided to distribute interim dividends as free bonus shares from Treasury shares at a rate of 2% for the fiscal period ended on 30/06/2026 to the company’s shareholders registered in the company’s records as on the record date according to their ownership interest without any increase in the company’s capital or any increase in the number of issued shares. Those shares are entitled to the shareholders registered in the company’s records at the end of the record date that is scheduled on Wednesday, 26/08/2026, and will be distributed on Monday 07/09/2026. The Board of Directors approved the attached Corporate Action Disclosure Form and authorized the Chairman of the Board of Directors and/or the Executive Management to take the necessary actions to implement the Board resolution in front of the relevant authorities.
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| 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 30/06/2026.
- Corporate Action Disclosure Form.
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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.