Mubasher: National Investments said that the Capital Markets Authority (CMA) of Kuwait approved to raise the issued and paid-up capital of its subsidiary Al Seef Brokerage Co.
Al Seef will increase its capital to KWD 12.71 million from KWD 5.4 million, according to a bourse filing issued on Tuesday.
National Investments clarified that it cannot determine yet the financial impact of the capital hike.
