The Board of Directors of Bawabat Al Kuwait Holding Company (Closed) has announced an invitation to its shareholders to attend the Ordinary General Assembly Meeting, scheduled to be held at 12:00 noon on Tuesday, July 15, 2025, to discuss the items on the agenda.

Agenda items include:

Hearing the Board of Directors’ report and the auditor’s report on the fiscal year ending December 31, 2024, and approving them.
Discussing and approving the consolidated financial statements for the year 2024.

Reviewing any violations or penalties issued by regulatory authorities, if any.

Hearing a report on related party transactions, whether completed or anticipated.
The agenda also includes:

Approving the allocation of 10% of net profits for the year ending December 31, 2024, to the legal reserve, amounting to KWD 1,101,556.
Discussing a proposal not to distribute cash dividends to shareholders for the same year.

Reviewing the Board of Directors’ proposal to pay a remuneration of KWD 31,000 to board members for 2024.
Granting discharge to board members for their legal actions during the fiscal year.

Appointing or reappointing the external auditor for the fiscal year 2025 and authorizing the Board to determine their fees.