Sunday, Oct 07, 2012
(This article was first published Thursday.)
BEIRUT (Zawya Dow Jones)--Kuwait's Gulf Petroleum Investment Co. (GPI.KW), or GPI, Thursday said its board has decided to raise its capital by 10 million Kuwaiti dinars ($35.6 million).
The company said in a statement posted on the Kuwait bourse website that it will soon set a date for a meeting of its shareholders.
GPI, which provides services to the oil, gas and petrochemical industries, had a paid-up capital of KWD22.97 million at the end of June, according to Zawya.com data.
-Write to Shikrallah Nakhoul at shikrallah@zawya.com
Copyright (c) 2012 Dow Jones & Co.
(END) Dow Jones Newswires
07-10-12 0344GMT
