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CMA nods to Marakez capital hike

CMA nods to Marakez capital hike
MARAKEZ
MARAKEZ`R
311.11% 259.00 196.00

Mubasher: Real Estate Trade Centers (Marakez) announced that the Capital Markets Authority (CMA) approved for the company to increase its capital by KWD 550,000.

The capital of Marakez will be raised to KWD 14 million, according to a bourse disclosure on Wednesday.

At the stock level, Marakez closed Wednesday’s session 1.4% higher at 21.5 fils.