Tri International Consulting Group (TICG) held its Extraordinary General meeting (EGM) and approved increasing its authorized and fully paid capital from KWD 850,000 to KWD 1 million, up by KWD 150,000 by distributing bonus shares. The capital increase shall be allocated to the current shareholders registered in the company's records as of the EGM date.
The EGM amended Article (5) of the Memorandum of Incorporation and Article No. (8) of the Articles of Association, as follows: The Company’s capital was set at KWD 1 million, distributed over 10 million shares, at a nominal value 100 fils per shares, and all shares in cash.
Faisal Al-Saqer, off (BDO Al-Nisf and Partners), was appointed to audit the financial statement for the financial year ended 31 December 2023, and the Board of Directors was authorized to determine the auditor’s fees.