Kuwait-Mubasher: Tijara and Real Estate Investment will hold its ordinary general meeting on 2 November to discuss offsetting partial accumulated losses of its second-quarter financial statements for the period ended 30 June, 2015.

Total accumulated losses are worth KWD 8.24 million, according to a bourse statement.

The company will decide on cutting KWD 6.5 million of its losses by using a general reserve of KWD 2.79 million, legal reserve of KWD 3.64 million and premium issue of KWD 47,420.

The recovery measure will pare the company’s losses to KWD 1.76 million, if taken.