The extraordinary general assembly of Kuwait United Consultancy Company, held on February 12, 2025, approved an increase in its authorized, issued, and paid-up capital from K.D. 5 million to K.D. 17 million, an increase of K.D. 12 million, with a share value of 100 Fils.

This additional cash increase will be paid in a lump sum designated for current shareholders, with the board of directors delegated to set the controls, rules, and conditions for calling the capital and dealing with fractional shares (if any).

The assembly also approved the amendment of Article (6) of the Articles of Incorporation and Article (5) of its articles of association, as follows:
The company’s authorized and issued capital is set at K.D. 17,000,000 distributed over 170,000,000 shares (one hundred seventy million shares), with each share valued at 100 Fils, and all shares are cash.

The company’s paid-up capital is set at K.D.  5,000,000 distributed over 50,000,000 shares, with each share valued at 100 Fils, and all shares are cash.