Kuwait - Mubasher: The ordinary general meeting (OGM) of Kuwait Investment has approved the distribution of cash dividends to shareholders at 7 fils per share, representing 7% of capital.

The company’s capital amounts to KWD 55.13 million distributed over around 551.3 million shares with a par value of 100 fils or per share, while treasury stocks are valued at 3.26 million shares.

According to the company’s statement to Boursa Kuwait on Wednesday, the OGM has also approved the company’s budget as well as the financial results for the fiscal year that ended on 31 March 2017.