International Kuwait Investment Holding to undergo a conversion from a Kuwaiti shareholding public company to a privately held entity

تم النشر على almowazi.com في 05 يونيو 2023
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During the Extraordinary General Meeting (EGM) of International Kuwait Investment Holding Company (K.S.C.P.), which took place on Wednesday, 17 May 2023, a majority of 55.456% of the company's issued and paid-up capital voted in favor of the Board of Directors’ recommendation  to amend Article (2) of the Memorandum of Incorporation and Article (1) of the Articles of Association, as follows: The company was incorporated in accordance with the provisions of the companies Law No. 1 of 2016. Additionally, the company's name has been changed to Kuwait Investment Holding Company (K.S.C.) Closed, reflecting its new status as a Kuwaiti closed shareholding company.

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