The Extraordinary General Assembly of Mazaya Endorses Its Agenda Items

 

May 21, 2019

 

Mazaya Qatar Real Estate Development Company announced the results of its Extraordinary General Assembly meeting held on Monday, 20 May 2019, where it has approved the following:

 

Item 1: Split the nominal value of the shared to become QR 1 (One Qatari Riyal), instead of QR 10 (Ten Qatari Riyals) to implement the decision of Qatar Financial Markets Authority, and amend the related articles in the Articles of Association

 

Item 2: Delegate the Chairman or his authorized representative to sign and amend the Articles of Association and complete the procedures for obtaining the required approvals and document them with the competent authorities.