Mubasher: The extraordinary general meeting (EGM) of Al Assima Real Estate Co, a subsidiary of Salhia Real Estate, approved to increase the capital by KWD 30 million.
Therefore, Al Assima Real Estate’s capital will become KWD 110 million after the hike.
This capital raise will generate an increase in Salhia Real Estate’s investment in Al Assima as well as improving its financial position.
