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Ajial’s shareholders decide to withhold dividends

Ajial’s shareholders decide to withhold dividends
Photo Credit: Arabianeye-Reuters
AREEC
AREEC
6.46% 280.00 17.00

Kuwait-Mubasher: Ajial Real Estate Entertainment’s ordinary general meeting agreed on freezing dividends for the fiscal year 2015, same as a year earlier, according to a statement.

During FY15, the Kuwait-listed firm achieved profits worth nearly KWD 760,290 as compared to about KWD 636,390 in 2014, an increase of 19%.

Ajial stock settled at 140 fils by the end of Thursday’s session, after about 10,500 shares were traded through liquidity worth nearly KWD 1,430.