Mazaya's 5% Bonus Shares to Raise Capital to QR 1.101 Billion


(MENAFN- Qatar News Agency) Mazaya Qatar Real Estate Development Company' will distribute 5.25 million bonus shares (5%) to increase its capital to QR 1.102 Billion.

The company's Extra-Ordinary General Assembly approved this decision here yesterday to boost its capital to QR 1.102 Billion distributed over 110,250,000 shares, according to a Qatar Stock Exchange bulletin Wednesday.

The assembly also added a clause to its Article Of Association and Memorandum Of Association to allow non-Qatari Shareholders to invest no more than 49% of the company's capital.


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