Mubasher: The ordinary general meeting (OGM) of Bahrain Commercial Facilities approved the board’s recommendation of distributing 50% dividends for fiscal year 2016.

The company will pay 50 fils per share for the fiscal year, according to a bourse statement issued on Tuesday.

The shareholders of Commercial Facilities on Tuesday approved issuing new bonds worth BHD 20 million.

During FY16, profits grew by 14.4% to total BHD 19.91 million from BHD 17.41 million in FY15.