Kuwait Merchant Real Estate Company has invited its shareholders to attend its ordinary general assembly for the fiscal year ending December 31, 2024, on Tuesday, April 22, 2025, at 10:00 AM at its headquarters. 

The assembly will discuss the following agenda items:

•    Listening to the board of directors’ report for the fiscal year ending December 31, 2024, and approving it.
•    Listening to the company auditor's report for the fiscal year ending December 31, 2024, and approving it.
•    Discussing and approving the company’s financial statements for the fiscal year ending December 31, 2024.
•    Hearing a report on any violations and penalties issued by regulatory authorities (if any).
•    Discussing the continuation of suspending the transfer to the mandatory reserve account for the fiscal year ending December 31, 2024, as it has reached 50% of the company's capital.
•    Discussing the non-deduction of any percentage for the optional reserve for the fiscal year ending December 31, 2024.
•    Discussing the board of directors’ proposal not to distribute cash dividends to shareholders for the fiscal year ending December 31, 2024.
•    Reviewing transactions conducted with related parties for the fiscal year ending December 31, 2024, and authorizing transactions with related parties for the upcoming fiscal year, if any, and approving them.
•    Discussing the board of directors' proposal not to allocate any rewards for the board members for the fiscal year ending December 31, 2024.
•    Discussing the discharge of the board members and absolving them from all legal, financial, and administrative actions for the fiscal year ending December 31, 2024.
•    Appointing or reappointing the company auditor for the fiscal year ending December 31, 2025, and authorizing the board of directors to determine their fees.