First Bahrain, a leading Kuwaiti real estate development company, yesterday announced a 10 per cent share dividend, distributing KD2.12 million ($7 million) of its retained earnings proportionally amongst its shareholders. The distribution is the final step in the successful implementation of corporate restructuring effort which reset the paid-up capital to KD23.33 million, said a report in the Gulf Daily News (GDN), our sister publication.

 

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