During the extraordinary general meeting of Alrawabi United Holding Company on May 28th, 2024, it was decided to increase the authorized and issued capital from KD65 million to KD 100 million. This increase of KD 35 million will be achieved by issuing capital increase shares allocated to existing shareholders at a nominal value of 100 fils per share.
Furthermore, amendments were approved to Article No. 6 of the company's articles of incorporation and Article 5 of its articles of association. The company's capital is now set at KD 100 million, divided into 1 billion shares, each valued at 100 fils, with all shares being fully paid in cash.