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The Board of Directors of Aqar Real Estate Investments Company, listed on the Kuwait Stock Exchange, confirmed the adoption of the schedule of the special equity maturities to increase the company’s capital, provided that the subscription period and the trading of priority rights will begin on October 27, 2026, and the subscription period will end on November 10.
The company said that the timetable comes after the Capital Markets Authority approved the prospectus for the capital increase issued on September 27, 2026, according to the company’s disclosure to the Kuwait Stock Exchange on Monday.
Aqar recorded a profit in the first half of 2026 of 1.01 million dinars
It is noteworthy that the Extraordinary General Assembly postponed to "Aqar" was approved, on September 21, to increase the authorized, issued and paid-up capital by 10% from 23.43 million dinars to 25.77 million dinars, followed by the company's announcement on September 27, the approval of the Kuwait Capital Markets Authority on the prospectus in the shares of the company's capital increase.
It is noteworthy that "Aqar" recorded a profit in the first half of this year of 1.01 million dinars, an increase of 18.16% from the same period of the previous year of 857.92 thousand dinars.
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