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Al-Babtain shareholders approve 9M cash dividend

Al-Babtain shareholders approve 9M cash dividend
ALBABTAIN
2320
127.20% 41.35 23.15
Al-Babtain Power &Telecommunication Co. said the ordinary general meeting, held on April 21, endorsed the board and auditor’s reports as well as financial statements for FY13.

Shareholders also gave a nod to the cash dividend paid for the first nine months of 2013 at SAR 1.5 per share in Q4-13.

Board members were discharged from liability for FY13, and Talal Abu-Ghazaleh was appointed as an auditor for FY14.