AlQurain Automotive Trading Company  held its Extraordinary General Assembly on April 17, 2025, during which shareholders approved the Board of Directors’ report on the measures taken to list the company on the stock exchange, in line with the resolution passed at the Extraordinary General Assembly held on February 19, 2025.

The assembly approved the company’s listing on the Premier Market of Boursa Kuwait and authorized the Board of Directors to take all necessary actions and enter into relevant agreements to complete the listing process.

Additionally, shareholders approved an increase in the company’s capital from KD 16,000,000 to KD 16,320,000, and amended Article (6) of the Memorandum of Association and Article (5) of the Articles of Association to reflect the following:

“The company’s authorized, issued, and fully paid-up capital is KD 16,320,000 (Sixteen Million Three Hundred Twenty Thousand Kuwaiti Dinars), divided into 163,200,000 shares with a nominal value of 100 fils each. All shares are in cash.”