Kuwait National Lube Oil Manufacturing Company held its Extraordinary General Meeting on Sunday, 2 October 2022, and approved to amend Article (5) of the Memorandum of Incorporation and Article (4) of the Articles of Association, as follows:
United Real Estate Company (URC) announced in a statement issued to Boursa Kuwait that United Towers Holding Company K.S.C.C (an associate) held its Extraordinary General Meeting on Monday, 17 October 2022 at 11:00 a.m. and approved the items listed on its agenda, as follows:
Kuwait National Lube Oil Manufacturing Company held its Extraordinary General Meeting on Sunday, 2 October 2022, and approved to amend Article (5) of the Memorandum of Incorporation and Article (4) of the Articles of Association, as follows:
- Manufacture various types of industrial (subject to receiving the Public Authority for Industry’s approval). - Manufacture complementary chemicals (subject to receiving the required approvals form the Ministry of Interior and the Public Authority for Industry). - Manufacture, trade and store oils and complementary and auxiliary materials for industrial equipment, cars, machinery and factory machines (subject to receiving the Public Authority for Industry’s approval). - Manufacture containers needed for production of the company’s objectives (subject to receiving the Public Authority for Industry’s approval). - Re-manufacture and market all used oils (subject to receiving the Public Authority for Industry’s approval). The Company may have an interest or participate in any way with the bodies that carry out business similar to its business or that may assist it in achieving its purposes in Kuwait or abroad, and it may establish, participate in, purchase or attach these bodies to it. The Company may have an interest with entities that carry out businesses similar to its own or that may be conducive in accomplishing its objectives, and it may buy, participate in, associate with or merge with such entities in the State of Kuwait or abroad.