Doha-Mubasher: Barwa Real Estate said that its shareholders will discuss on 15 March the distribution of cash dividends at 22% or QAR 2.2 per share for the fiscal year 2015, totalling QAR 856 million, according to a bourse filing on Tuesday.

Shareholders will also ratify the company’s balance sheet, and profit and loss statement.

The company posted net losses of QAR 514 million in the fourth quarter of 2015, against net profits of QAR 2.11 billion in the same period of 2014.

In case of incomplete quorum, the meeting will be postponed to 23 March.