The Extraordinary General Assembly of AAN Digital Services Holding Company, held on November 21, 2024, approved the continuation of its operations and the restructuring of its capital by fully writing off its accumulated losses as per the upcoming financial statements for the period ending December 31, 2024.
The assembly also agreed to amend the legal form of the company and to revise Article 2 of the articles of association and Article 1 of its articles of Incorporation to state the following:
• It was established in accordance with the provisions of the Commercial Companies Law and this Articles of Incorporation among the shareholders, as outlined below, as a Kuwaiti Joint Stock Company named AN Digital Services Holding Company (Kuwaiti Closed Joint Stock Company).
The assembly also agreed to amend the legal form of the company and to revise Article 2 of the Articles of Incorporation and Article 1 of its articles of association to state the following:
• It was established in accordance with the provisions of the Commercial Companies Law and this Articles of Incorporation among the shareholders, as outlined below, as a Boursa Kuwaiti named AAN Digital Services Holding Company (Kuwaiti Closed shareholding Company).