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Provider: Reuters Investment Profile
Provider: Wright Reports

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IFA Hotels and Resorts Co KSCC Recommends Capital Increase

Tuesday, 25 Jun 2013 02:46am EDT 

IFA Hotels and Resorts Co KSCC announced that its Board of Directors has recommended to increase the Company‚Äôs share capital from KWD 45,388,200 to KWD 63,543,420, at a rate of KWD 0.100 per share as nominal value and KWD 0.080 per share as premium issue to the existing shareholders, subject to the General Assembly and the authorities' approval. 

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