NREC’s board to discuss capital hike Wednesday

Kuwait – Mubasher: The board of National Real Estate (NREC) will hold a meeting on Wednesday to overview the business strategy and the requirement for increasing the capital.

The board will also discuss issuing convertible bonds, according to a bourse statement issued on Tuesday.

On 22 July, the company’s shareholders approved raising the capital to KWD 98.97 million from KWD 994.25 million.

 

Mubasher Contribution Time: 17-Jan-2017 10:56 (GMT)
Mubasher Last Update Time: 17-Jan-2017 10:56 (GMT)