With reference to the above mentioned subject, and the CMA regulations issued on November 9, 2015, book number ten”disclosure and transparency” on the disclosure of material information. NIC announces that Munshaat Real Estate Projects Co. (K.S.C.P) has settled the full cash payment of the debt amounting to USD 2,250,000 through the fifth and last installment due on 30/09/2016. There is no financial impact where such amount resulting from the due installments was previously recorded as income during this year according to the International Financial Standards