Orient Education Services Company announced the calling of an increase in its paid-up capital by 500,000 Kuwaiti dinars, with a nominal value of 100 Fils per share, raising it from KWD 5,000,000 to KWD 5,500,000.

This decision comes following the extraordinary general assembly held on April 16, 2025, and the approval issued by the Ministry of Commerce and Industry on April 28, 2025.

The company clarified that it would issue and allocate 5,000,000 new shares at a nominal value of 100 Fils per share. This increase will be offered in one tranche, inviting the company’s shareholders to subscribe to the new shares in proportion to their ownership of the capital, in accordance with the preemptive right stated in Article 12 of its Bylaws.

The subscription period will last for 15 days, starting from May 1, 2025, based on the board of directors' decision issued on April 28, 2025, regarding the implementation of this important financial step