Mubasher: Al Mal Investment said that its ordinary general meeting (OGM) has accepted the resignation of the current board of directors, according to a bourse statement on Wednesday.

The shareholders have elected new board members, namely Ream Real Estate Co and others.

It is noteworthy that Ream owns the largest equity of 21.22% in Al Mal, which has a capital standing at KWD 31.02 million distributed on 310.2 million shares at a par value of 100 fils each.

At the stock level, Al Mal closed Wednesday’s session 1.41% lower at 21 fils.