The extraordinary general assembly of the Kuwait Packaging Materials Manufactoring Company, held on April 27, 2025, approved an increase in the authorized, issued, and paid-up capital from KWD 5,127,008 to KWD 5,383,358, through the issuance of 2,563,504 shares amounting to 256,350 KWD at a value of 100 Fils per share.
The assembly also approved the amendment of Article 6 of the Articles of Incorporation and Article 5 of its articles of association related to the company's capital to state that the authorized, issued, and fully paid capital of the company is set at K.D. 5,383,358, distributed over 53,833,587 shares, each valued at 100 Fils, with all shares being cash shares.