The Regular and Irregular General Assembly Meetings of Al-Noor Holding Company – a subsidiary and fully owned by Bayan Investment Company – were held on Sunday 8th July 2007 at Bayan premises to discuss the Board of Directors’ recommendation with regards to capital increase.
The Regular & Irregular General Assembly voted accordingly (97% of company’s capital) for the recommendation of raising the company’s capital from K.D 1 Million to K.D 5 Million, and in presence of the Ministry of Commerce & Industry’s representative.