Hilal Cement Company announced that it will hold its Extraordinary General Meeting (EGM) on Tuesday, 15 November 2022 at 11:00 a.m. at its headquarters. The EGM will discuss approving the board of directors’ recommendation to add a new activity to its objectives, and to amend Article (5) of the Memorandum of Incorporation and Article (4) of the Articles of Association, subject to regulatory approval, to reflect the following: The objectives for which the company was established are:

•    Import and export all types of cement. 
•    Represent cement companies as agent and distribute their products in the local and international markets. 
•    Rent, lease, establish, operate, and manage warehouses and silos necessary for the supply, storage, and distribution of all types of cement.
•    Import chemicals.
•    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.