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Tijara among 5 listed firms to take key actions

Tijara among 5 listed firms to take key actions
Photo Credit: Arabianeye-Reuters
GGMC
GGMC
0.00% 325.00 0.00
CABLE
CABLE
0.25% 1,594.00 4.00
IRC
IRC
-9.00% 9.10 -0.90

TIJARA
TIJARA
0.00% 58.80 0.00
EQUIPMENT
EQUIPMENT
0.67% 30.20 0.20

Shareholders of Kuwait Stock Exchange (KSE) are anticipating key events from five listed companies, as Tijara and Real Estate Investment’s ordinary general meeting will discuss the board’s proposal of freezing dividends for the fiscal year ended 31 December, 2014.

Gulf Cable and Electrical Industries’ OGM will review the board’s recommendation of paying 20% cash dividends or 20 fils per share.

The OGM of Gulf Glass Manufacturing is reviewing the board’s suggestion to distribute 30% cash dividends or 30 fils per share, as well as 5% bonus shares or five shares per each 100 shares for the fiscal year ended 31 December, 2014. Additionally, the OGM will consider amending some articles of the firm’s association and statute.

Equipment Holding’s extraordinary general meeting will discuss amending some articles of the company’s association and statute.

International Resorts’ OGM will study the board’s recommendation of paying no dividends for the fiscal year ended 31 December, 2014.