Disclosure from Al Masaken International to Boursa Kuwait
Al Masaken International completes capital increase to KD 4 million
All 29 million new shares subscribed, worth KD 2.9 million
Al Masaken International Real Estate Development completes the increase of its issued and paid-up capital from KD 1,100,000 to KD 4,000,000 through the issue of 29,000,000 new shares. The subscription period closed on 18 October 2026, and all shares were subscribed and allocated to subscribers. The issue was worth KD 2,900,000 at nominal value, with no issue premium. The number of shares rises from 11,000,000 to 40,000,000, an increase of about 263.64%.
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