Bahrain-Mubasher: Takaful International will hold an ordinary general meeting on Tuesday to review financial statements for the fiscal year 2014.

Shareholders will also look into the distribution of the Zakat imposed on shareholders at 1.94 fils per share, totalling BHD 121,000.

The company posted BHD 843.700 net losses in FY14, against BHD 231.300 earnings in 2013.

The Bahrain Bourse on Sunday completed the sale of 18.84 million shares, representing 30% of Takaful International's capital, in an auction at BHD 100 fils each.

Takaful International operates with BHD 6.25 million capital, divided into 62.5 million shares at BHD 0.1 par value each.