KFIC NEWS
   
General Assembly meeting of Kuwaiti finance & investment company (KFIC)
06-19-2012


Kuwait stock exchange announce the Annual General Assembly meeting of Kuwaiti finance & آ investment Co that was on Monday, 18-06-2012 General Assembly approved:

1. no dividend for the financial year ended on 31-12-2011

2. agree to accept the resignation of members of the Board of Directors of the company and new management members re-elected as follows : National bank of Kuwait , Gulf Bank ,Al Ahli Bank ,national bank of abu dhabi, Saleh Yaqub Al-humaidhi ,Abdullah Hamad Al Sagar company and Fouad Alghanim & sons general trading & contracting

3. approve capital reduction the others offer of KD 14,826,362 to increase capital, approved at the company''''s General Assembly, held on 06-02-2012

4. approve capital reduction as losses at 31-12-2011 amounting to KD 68,607,974 Capital after amendment KD 30,713,465