26 October 2009
KUWAIT -- Each Kuwaiti registered with the Public Authority for Civil Information (PACI) until October 4, 2009 will be granted 684 shares in Warba Bank, announced the bank's establishing committee on Monday.
Head of the committee Mutlaq Al-Sane' told KUNA that citizens can print their deeds of assignment from the special website, www.warbabank-ipo.com.
They could also send messages through the Short Message Service (SMS) to 97212143 or 97212153 with their civil numbers and email addresses to get their deeds of assignment through email, he added.
Those who have questions could contact the call center on 22250644 daily from 8 a.m. to 8 p.m., he pointed out.
The date of the establishment general assembly will be announced soon so that the bank's establishment procedures may be completed before end of 2009, he said.
Warba Bank is a Kuwaiti shareholding company under establishment at a capital of KD 100 million distributed over one billion shares, each with a value of 100 fils.
A total of 24 percent of the stocks of the Islamic Sharia compliant bank is held by Kuwait Investment Authority (KIA), and the remaining 76 percent will be granted as bonus shares to all Kuwaiti citizens.
KUWAIT -- Each Kuwaiti registered with the Public Authority for Civil Information (PACI) until October 4, 2009 will be granted 684 shares in Warba Bank, announced the bank's establishing committee on Monday.
Head of the committee Mutlaq Al-Sane' told KUNA that citizens can print their deeds of assignment from the special website, www.warbabank-ipo.com.
They could also send messages through the Short Message Service (SMS) to 97212143 or 97212153 with their civil numbers and email addresses to get their deeds of assignment through email, he added.
Those who have questions could contact the call center on 22250644 daily from 8 a.m. to 8 p.m., he pointed out.
The date of the establishment general assembly will be announced soon so that the bank's establishment procedures may be completed before end of 2009, he said.
Warba Bank is a Kuwaiti shareholding company under establishment at a capital of KD 100 million distributed over one billion shares, each with a value of 100 fils.
A total of 24 percent of the stocks of the Islamic Sharia compliant bank is held by Kuwait Investment Authority (KIA), and the remaining 76 percent will be granted as bonus shares to all Kuwaiti citizens.
By Ahmad Faraj
© Kuwait Times 2009
