Ajwan Gulf Real Estate Company held its Annual General Meeting (AGM) with a quorum of 50.96% and its Extraordinary General Meeting (EGM) with quorum of 51.32%.

In a press release, the company explained that its AGM agenda discussed the resolutions issued by the Capital Market Authority’s Board of Commissioners on 17 August 2022 regarding delisting the shares of Ajwan Gulf Real Estate Company from trading on Boursa Kuwait. Shareholders were informed of all related procedures that were taken by the Board of Directors. The AGM approved all items listed on its agenda by a majority vote. 

The EGM’s agenda was also discussed, and the Company’s shareholders were briefed on all the measures taken by the board of directors. The items on the agenda were approved by a majority vote