The Extraordinary General Assembly of Action Energy Company, held on October 5, 2025, approved the amendment of Article (4) of the company’s Memorandum of Association and Article (6) of its Articles of Incorporation.
Without prejudice to the provisions of Companies Law No. 1 of 2016 and its amendments and executive regulations, the company approved adding new activities to its main objectives as follows:
• Owning real estate and movable assets necessary for the company’s purposes.
• Infrastructure and PPP (Public-Private Partnership) projects.
• Project management.
• Establishing new companies or participating in existing ones or converting them.
The company is entitled to carry out the activities both inside and outside the State of Kuwait, either directly or through agencies, and may also engage in similar, complementary, or related activities that support its objectives.
Assemblies
Modification of the company's purposes