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UPAC approves capital increase

UPAC approves capital increase
Photo Credit: Arabianeye-Reuters
UPAC
UPAC
4.62% 136.00 6.00

Kuwait – Mubasher: The shareholders of United Projects Company for Aviation Services (UPAC) agreed on raising the authorised capital to KWD 38.25 million, according to a bourse statement issued Thursday.

The company will increase the capital from KWD 8.25 million, distributed on 382.5 million shares with a nominal value of 100 fils a share.