Kuwait Stock Exchange (KSE) announced that Al Maidan Dental Clinic Co. held ordinary and extraordinary shareholder meetings today, Wednesday, 12/09/2012.

Shareholders approved the board’s recommendation on withholding dividends for the fiscal year that ended on 31/03/2012.

They also okayed the board’s proposal for increasing capital from KWD 15,000,000 to KWD 25,000,000 in cash and in lump sum, to shareholders of record on the day prior to capital call, at 100 fils each without issue premium.

The board was mandated to set the terms and rules for the capital call. Shareholders also elected a new board for the next three-year term.