United Industrial Gas and Energy Company held its Extraordinary General Assembly on September 30, 2025, at the company's headquarters, where it approved an increase in the company’s authorized, issued, and paid-up capital from KWD 3 million to KWD 18 million— an increase of 15 million Kuwaiti Dinars.

The value of each share is 100 Fils, to be paid on a single cash payment, allocated to existing shareholders.

The Board of Directors was authorized to set the controls, terms, and conditions for the capital call.

The assembly also approved the amendment of Article (6) of the Memorandum of Association and Article (5) of the Articles of Association to read as follows:

“The company’s authorized and issued capital is set at KD 18,000,000 (Eighteen million Kuwaiti Dinars), divided into 180,000,000 shares (One hundred and eighty million shares), each with a nominal value of 100 Fils, and all shares are in cash.

The paid-up capital of the company is set at KD 3,000,000, divided into 30,000,000 shares, each with a nominal value of 100 Fils, and all shares are in cash.”