Al Maseila Holding Company held its extraordinary general assembly, and approved the amendment of Article 5 of the Articles of incorporation and Article 4 of its Articles of Association, as follows:
Managing its subsidiaries or participating in the management of other companies in which it holds a stake, while providing necessary support to them.
Investing its funds in trading stocks, bonds, and other securities.
Acquiring real estate and movable assets as needed to conduct its operations, within the limits allowed by law.
Providing financing or loans to companies in which it owns shares, with guarantees from other sources, provided that its ownership stake in the borrowing company is not less than 20%.
Holding intellectual property rights, such as patents, trademarks, industrial designs, franchises, and other intangible assets, and leveraging or leasing them to its subsidiaries and others.
Holding shares strictly for the company's own account.
Operating offices dedicated to managing the holding company's activities.
The company shall directly conduct the activities in the State of Kuwait and abroad, either as an original or by proxy.
The company may have an interest or participate in any way with entities that carry out activities like its activities or that may assist it in achieving its objectives in Kuwait or abroad, and it may establish, participate, purchase or affiliate these entities.
Assemblies
Modification of the company's purposes