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Arabtec AGM to discuss 10% cash dividend, 30% bonus shares April 30

Arabtec AGM to discuss 10% cash dividend, 30% bonus shares April 30
Arabtec Holding
ARTC
-3.29% 0.53 -0.02

Arabtec Holding will hold an ordinary general meeting on April 30 to discuss the company’s financial results, and future work plans.

Shareholders will also discuss a recommendation on paying cash dividend at 10% and distributing bonus shares at 30% for FY13. In FY13, the construction company recorded a 171% soar in net profit to AED 377.8 million.