Enaya Healthcare Medical Services held its Extraordinary General Meeting (EGM) on Wednesday, September 13, 2023, approved an increase in its authorized, issued, and paid-up capital. The capital was raised from KWD 6.9 million to KWD 14.1 million, representing a KWD 7.2 million increase. This was achieved by issuing 72,020,820 new ordinary shares, each having a nominal value of 100 fils per share and without any share premium. This capital increment is specifically allocated to two creditors: Human Investment Company for Training and Consulting, K.S.C. (Closed) with 43,097,550 shares and the General Services Company, K.S.C. (Closed) with 28,923,270 shares. Current shareholders have relinquished their subscription rights in this process.
Furthermore, Enaya Healthcare Medical Services approved the amendment of Article (6) of its the Memorandum of Incorporation and Article (5) of the Articles of Association, as follows: The authorized, issued, and paid-up capital was set at KWD 14,127,304,, distributed over a total of 141,273,040 shares, at a nominal value of 100 fils per share, and all shares are paid in cash, subject to receiving the required approval from the competent authorities.