Mubasher: Tamdeen Investment announced that its 99.9%-owned subsidiary, Tamdeen Real Estate Development, mulls raising its capital.

The closed company, Tamdeen Real Estate Development, held an extraordinary general meeting (EGM) to increase the capital by KWD 7.5 million, according to a bourse filing on Sunday.

All procedures for completing the capital hike are being carried out with the Kuwaiti trade and industry ministry.