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Al-Salam Sudan board proposes 5% bonus shares

Al-Salam Sudan board proposes 5% bonus shares
Photo Credit: Arabianeye-Reuters
Al Salam Bank
ALSALAMSUDAN
-9.34% 0.65 -0.07

Dubai-Mubasher: Al-Salam Sudan Bank said that its board recommended the distribution of 5% bonus shares on a 5-for-100 basis for the fiscal year 2015, according to the bank’s statement on Monday.

The bank’s capital amounts to AED 367 million ($100 million), distributed on 100 million shares at AED 3.67 par value each.