Kuwait Syrian Holding shareholders gave a nod to cancelling an earlier decision suggested by the company’s board to increase the capital from KWD 17.63 million to KWD 35.25 million.

The Kuwait-listed firm suffered KWD 7.22 million in losses in 2014, compared with KWD 994,400 for a year earlier.

Kuwait Syrian is operating within the diversified financial sector with a capital of KWD 17.6 million, distributed across 176 million shares at 100 Kuwaiti fils par value each