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NCTH approves bonus shares for FY16

NCTH approves bonus shares for FY16
(Photo Credit: Company Website)
NCT&H
NCTH
-3.45% 2.80 -0.10

Abu Dhabi – Mubasher: National Corporation for Tourism and Hotels (NCTH) said its shareholders approved 20% bonus shares for the fiscal year 2016, according to a bourse statement.

The company’s capital amounts to AED 567 million, distributed on 567 million shares.

The shareholders also set the last day for participation at 2 May, while the record date is determined at 4 May.