The Extraordinary General Assembly of Carton Industries Company, held on November 3, 2024, approved an increase in its authorized, issued, and paid-up capital from 1.2 million Kuwaiti Dinars to 1.5 million Kuwaiti Dinars, representing an increase of 300,000 Kuwaiti Dinars with a nominal value of 100 Fils per share.
This capital increase will be made through a single cash payment and is available to shareholders registered in the company's records up to the date of the General Assembly.?
The authorized and issued capital of the company is set at 1,500,000 KWD (One Million Five Hundred Thousand Kuwaiti Dinars), divided into 15,000,000 shares, with each share valued at 100 Fils, and all shares being cash.
The paid-up capital of the company is set at 1,200,000 KWD (One Million Two Hundred Thousand Kuwaiti Dinars), divided into 12,000,000 shares, with each share valued at 100 Fils, and all shares being cash.