Kuwait-Mubasher: Al Nawadi Holding’s ordinary general meeting on Tuesday agreed on distributing 10% bonus shares or 10-for-100 shares for the fiscal year ended 31 December, 2015, Kuwait News Agency (KUNA) said.

Furthermore, the extraordinary general meeting of Al Nawadi approved capital raise to KWD 20 million from KWD 18.18 million, by disturbing 10% bonus shares of the capital.

During FY15, Al Nawadi achieved profits worth KWD 2.94 million as compared to KWD 2.76 million in FY14.