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
MAZ-MFM-01-2014-105
M/s Kuwait Stock Exchange
Attention: Mr. Faleh Al Aqaba, Acting Director General
Dear Sir,
Subject: Disclosure
With reference to the above mentioned subject and to the article No 395 of the Executive Regulations of Law No. 7 of 2010 concerning the Establishment of Capital Markets Authority, and to the register of the company’s shareholders and to the Securities Group Company’s disclosure, we would like to inform you that on 28th of January 2014, the stake of the Securities Group Company in Al Mazaya Holding (KSC) decreased 0.549%.
The company was holding 68,326,542 shares on 26th of January 2014 with a rate of 10.523%
Now the company is holding 64,763,001 on 28th of January 2014 with a rate of 9.974%.
As the following details:
Commercial Bank of Kuwait holds 32.413.001 shares (4992%)
Al Maleeh Real Estate Company holds 32.3520.000 shares (4.983%).
Best Regards
Eng. Ibrahim Abdul Rahman Al Saqaabi
CEO
