Kuwait – Mubasher: Kuwait and Middle East Financial Investment (KMEFIC) will hold its extraordinary general meeting on 2 January, 2017 to consider modifying a number of articles in the company’s articles of association.
Shareholders will discuss modifying the article stating the increase of the issued capital within the limits of the amount of the authorised capital, as long as the issued capital is fully repaid, according to a bourse statement issued on Thursday.
The company will also consider the article covering cash dividend as well as the compulsory and voluntary reserves.
On the stock level, KMEFIC fell by 2.13% to 23 fils, after about 76,300 shares were exchanged at a value of nearly KWD 1,740.
