Mazaya to Hold EGM on 20/5/2019 to Approve the Splitting of Its Share to One Riyal

April 29, 2019

Mazaya Qatar Real Estate Development Company has announced that it will convene on May 20, 2019 at 9:30 pm at the Shangri-La Doha Hotel, for the Extraordinary General Assembly meeting (3rd alternative date) to discuss the following agenda:

First: Approve the split of the nominal value of the share to be one (1) Qatari riyal instead of ten (10) Qatari riyals, pursuant to the decision of Qatar Financial Market Authority issued at its fourth meeting of 2018, and amend the relevant articles of the Articles of Association.

Second: Delegate the Chairman of the Board of Directors or his authorized representative to sign the amended Articles of Association and complete the procedures for obtaining the required approvals and documenting them with the competent authorities.