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Provider: Reuters Investment Profile

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Al Nawadi Holding Co KSC Announces Capital Increase through New Shares Issue

Tuesday, 12 Feb 2013 12:35am EST 

Al Nawadi Holding Co KSC announced that its Board of Directors has approved increasing the Company’s paid-up capital by 12% through issuing new shares at a price of KWD 0.01 per share for the existing shareholders, and at a price of KWD 0.0105 per share, including KWD 0.005 per share issuing fees, for new subscribers. The capital increase is subjected to the approval of the company’s General Assembly. 

Company Quote

-2.0 -1.43%
1:09am EST