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.
A Lawsuit disclosure
With reference to the above subject and to paragraph (14،22) 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 find the attached Lawsuits disclosure form.
| Date: | 26/11/2025 |
| Name of listed company | Al Mazaya Holding Co. K.S.C.P |
| Automated Lawsuit number Lawsuit Number | 240760970 34/2024 Commercial Civil Overall Government /12 |
| Subject of the Lawsuit | A lawsuit for appointing an expert includes the following: In all cases, a ruling to obligate the first and second defendants to pay the expenses and actual attorney fees, with the judgment being enforceable immediately. |
| The Court Judgement / Verdict date Court circuit | 24/06/2025 |
| The name of the Court that issued the Judgement / Verdict | Court of First Instance |
| Parties of the Lawsuit | Twelve shareholders of First Dubai Real Estate Development Co. “the merged company” (Plaintiffs) |
| The Judgment / Verdict in favor of | The Defendants |
| Court of First Instance Judgment / Verdict | The lawsuit is considered as if it had never been filed |
| Court of Appeal Judgment / Verdict | No court verdict has been issued |
| Court of Cassation Judgment / Verdict | No court verdict has been issued |
| The expected financial impact on the company as a result of the Judgment / Verdict | The expected financial impact on the company as a result of the Judgment / Verdict |
