Zima Holding Co. K.S.C.P. (KWSE:ZIMAH) announced a private placement of 250,000,000 common shares at KWD 0.10 per share for gross proceeds of KWD 25,000,000 on June 13, 2017. The transaction has been approved by the shareholders of the company. Post closing, the company's capital increases from KWD 10,000,000 to KWD 35,000,000.