29-03-2021
Mazaya Qatar Real Estate Development Company announced the results of the Board of Directors meeting held on 28/28032021, where it was agreed upon
1- Approval of the attached financial statements for the fiscal year ending on December 31, 2020 in preparation for submitting them to the General Assembly for approval, as the company disclosed its financial data for the year ending on December 31, 2020, where the net profit amounted to 31,031,818 Qatari riyals against the net profit of 32,095,396 Qatari riyals the company had announced it for the same period of the previous year. The return on share reached 0.03 Qatari riyals for the fiscal year ending on 31 December 2020, compared to the return on share of 0.03 Qatari riyals for the same period of the previous year.
2- Raising the recommendation to the General Assembly to approve the distribution of cash dividends to shareholders for the year 2020 at a rate of 3% or 0.03 Qatari riyals per share.
3- Approving of the Corporate Governance Report for the fiscal year ending on December 31, 2020 in preparation for submitting it to the General Assembly for approval.
4- Agreeing to invite the honorable shareholders to attend the company's general assembly meeting scheduled for Wednesday, April 14, 2021 at 9:00 pm via the (Zoom) platform, to discuss the attached agenda, and in the event that the quorum is not complete, a second meeting will be held on Tuesday 20 April 2021 at the same time and place.