Mubasher: Sultan Center Food (Sultan) on Sunday announced that its board had approved increasing the company’s authorised capital by KWD 15 million during their meeting on Thursday 26 April 2018.
The company would raise its authorised capital to KWD 72.88 million from KWD 57.88 million, according to a filing to Boursa Kuwait.
For the full-year 2017, Sultan’s losses plunged 81.8% to KWD 4.41 million, down from KWD 24.28 million during 2016.
