(MENAFN- Kuwait News Agency (KUNA)) Real Estate Trade Centers Company (Marakez) convened its board of directors which recommended, Thursday, holding back on distributing dividend to shareholders for the fiscal year ending December 31, 2012.
A company statement on the Kuwait Stock Exchange website reported earnings of KD 117,100 at fils 1.1 per share, whereas company assets came to KD 56,300. Liabilities stood at KD 337,500 with shareholders' equity at KD 20.6 million.
The company was established in 1999 with a paid capital of KD 11.5 million and was listed with the Kuwaiti bourse in 2010. It operates in the field of shares and bonds of real estate companies in Kuwait and in the field of operating of and investment in hotels abroad. Â
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