Al-Rai Logistica Company, a Kuwaiti closed shareholding company, was established on June 28, 2005. The company is officially registered in the commercial register under the number 80937.
Regarding the capital, the previous authorized, issued, and fully paid-up capital of Al-Rai Logistica was KD 3,000,000. However, during the Extraordinary General Assembly held on December 13, 2017, it was approved to reduce the capital to KD 1,000,000. This reduced capital is distributed over 10,000,000 shares, each with a nominal value of 100 fils per share. The amount of reduction will be returned to each shareholder in proportion to their respective contribution percentage.
Therefore, the current authorized, issued, and fully paid-up capital of Al-Rai Logistica is KD 1,000,000, distributed over 10,000,000 shares, with a nominal value of 100 fils per share.
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