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Injazzat agrees to withhold dividends of FY14

Injazzat agrees to withhold dividends of FY14
Photo Credit: Arabianeye-Reuters
Injazzat
INJAZZAT
3.16% 98.00 3.00

Injazzat Real Estate Development Company’s ordinary general meeting approved the board’s recommendation to withhold dividends for the fiscal year ended on 31 December, 2014.

Injazzat posted earnings worth KWD 1.52 million in 2014, compared to KWD 731,000 in 2013.

The firm’s capital totals KWD 34.56 million, distributed on 345.648 million shares with a par value of 100 fils per share