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The text presents a review report and interim financial information for the International Holding Company PJSC for the three-month period that ended on 31 March 2024.
Manazel PJSC, a UAE-based real estate development company, has appointed investment bank Houlihan Lokey as its financial advisor for a capital optimization plan. The plan includes strategies such as capital raise, corporate reorganization, and sale of non-core assets. Houlihan Lokey will assist Manazel's leadership team to optimize the company's capital structure and identify new investment opportunities. This move is part of Manazel's efforts to strengthen its financial position and promote sustainable growth.