Kuwait-Mubasher: Real Estate Trade Centers (Marakez) will hold its extraordinary general meeting on Tuesday to discuss the possibility of increasing the paid-up capital to KWD 13.450 million from KWD 11.550 million, a rise of 16.45% or KWD 1.900 million.

The issuance will be with a nominal value of 100 fils a share, and without issue premium, the company said in a bourse filing.

On 13 July, Marakez shareholders approved the board’s proposal of withholding dividends.