Al Futtooh Holding Company conducted its extraordinary general meeting on Sunday, June 30th, 2024. The board of directors' proposal to increase the capital from KD 35 million to KD 85 million was approved by an additional KD 50 million. This increase will see the value of each share at 100 fils, with the cash injection made in a single payment. 
 
The increase is applicable to shareholders listed in the company's records as of the general assembly date, with the Board of Directors empowered to establish the regulations, terms, and controls for the capital increase process. 
 
Furthermore, amendments were made to Article No. (6) of the articles of incorporation and Article No. (5) of the articles of association regarding the company's capital. The authorized and issued capital has been adjusted to KD 85 million, divided among 850 million shares priced at 100 fils each. All shares are fully paid in cash, with the cash capital at KD 57 million and the asset capital at KD 28 million. The paid-up capital is now set at KD 35 million distributed among 350 million shares, with the value of each share at 100 fils, paid in both cash and in kind.