Kuwait – Mubasher: Privatization Holding’s extraordinary general meeting on Wednesday agreed on decreasing the capital by KWD 12.83 million.
The company will reduce the capital to KWD 61 million from KWD 73.83 million, according to a bourse filing.
Trading on the company’s stock will be suspended starting from 11 August, until Privatization completes the capital reduction procedures, the statement clarified.
