The extraordinary general assembly of  Al-Masar Leasing and Investment Company , held on Thursday, March 20, 2025, approved the increase of the company’s authorized, issued, and paid-up capital from KWD 12,294,354 to KWD 12,750,000 through the distribution of bonus shares amounting to 3.7061% of the capital, equivalent to 4,556,460 shares allocated to shareholders registered in the company’s records as of the date of the general assembly and subject to the approval of the relevant authorities.

The assembly also approved the amendment of Article (6) of the articles of incorporation and Article (5) of the company’s article of association, which pertain to the company’s capital, to read as follows:

The authorized, issued, and paid-up capital of the company is set at KWD 12,750,000 (Twelve Million Seven Hundred Fifty Thousand Kuwaiti Dinars), distributed over 127,500,000 shares (One Hundred Twenty-Seven Million Five Hundred Thousand shares), with each share valued at 100 Fils, and all shares being cash.