Kuwait-Mubasher: Al Imtiaz Investment Group said it has received KWD 6.76 million as part of a capital reduction carried out by its 68.05% subsidiary Dimah Capital Investment.
Al Imtiaz noted that the extraordinary general meeting of Dimah agreed on decreasing the capital to KWD 15 million from KWD 24.9 million.
The company will pay the shareholders 3.985 shares for each ten, with a nominal value of 100 fils a share.
Al Imtiaz said that no financial impact will reflect on the income statements.
