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 Capital Markets Authority’s approval to allow the company to deal in treasury shares
14-July-2025
Date:13/07/2025
Subject: Disclosure of the Capital Markets Authority’s approval to allow the company to deal in treasury 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, herewith attached copy of the Disclosure of material information.
Form for disclosing material information
| Date: |
13/07/2025 |
| Name of listed company |
Al Mazaya Holding Co. K.S.C.P |
| Material information |
The approval of the Capital Markets Authority to allow the company to deal in treasury shares for a period of six months from the date of approval on 13/07/2025. |
| Effect of the material information on the company financial position |
There is no financial impact |
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.