Kuwait-Mubasher: Arabi Group Holdings will hold its ordinary general meeting (OGM) on 20 June to review the distribution of 5% bonus shares or 5-for-100 shares for the fiscal year 2015.

During FY15, the company registered profits worth KWD 276,000 as compared to KWD 2.27 million; a decline of 87.8%.

Arabi’s shareholders will consider increasing its capital to KWD 17.3 million from KWD 16.47 million.

The company’s stock fell by 3.33% to 58 fils, after 50,000 shares were exchanged at a value of nearly KWD 2,900.