MUNTAZAHAT
MUNTAZAHAT
-3.21%
78.30
-2.60
MUNTAZAHAT
Kuwait Resorts’ (Muntazahat) shareholders agreed on paying 6% cash dividends for the fiscal year 2014, with a total of KWD 1.052 million, as well as distributing 5% bonus shares, according to a bourse filing on Sunday.
Muntazahat, a company operating in the consumer services sector, recorded a net profit worth KWD 3.1 million in 2014 a 10% year-on-year.
Shareholders also elected new board members for the coming three years.
Muntazahat’s extraordinary general meeting on Sunday approved the company’s capital hike.
Source:
Mubasher