Shareholders of Al Massaleh Real Estate company approved withholding dividend payout for 2014, according to a filing to the Kuwaiti bourse.

The Kuwaiti-listed company has seen its losses shrink as much as90% in 2014, reaching KWD 914,900 against KWD 9.27 million in 2013.

Al Massaleh is capitalised at KWD 23.56 million, distributed across 235.6 million shares at KWD 100 fils par value each.