Mubasher: Sembcorp Salalah Power and Water Company’s board of directors approved the distribution of an interim cash dividend for 2016 of 10.3 baisas per share (10.3% of the capital), totalling OMR 9.83 million.

The dividend eligibility will be for shareholders registered with Muscat Clearing and Depository Company by 1 November, according to a bourse filing.

The board has also approved the transition plans for the current Chief Executive Officer (CEO) of the company. An announcement regarding the successor CEO will be made in due course.

The change of CEO will be effective from 1 January 2017, the filing said.