Mubasher: Al Mal Investments on Tuesday announced that its board has resigned, and it will work on managing the company’s affairs until electing a new management.
The company will take the required procedures to elect a new board, according to the company’s filing to Boursa Kuwait.
It is worth noting that the Kuwait-based company incurred losses of KWD 1.64 million during the first nine months of 2018.
By the end of Tuesday’s session, Al Mal’s stock rose 0.87% at 23.2 fils.
