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Al Anwar Holdings OKs cash dividends, bonus shares

Al Anwar Holdings OKs cash dividends, bonus shares
The shareholders also approved the board of directors’ recommendation to distribute bonus shares
Al Anwar Investments
AAIC
0.00% 0.09 0.00

Mubasher: The shareholders of Oman’s Al Anwar Holdings approved distributing cash dividends representing 10% of the capital at 10 baisas per share for the fiscal year ended 31 March 2017, according to a company statement.

The shareholders also approved the board of directors’ recommendation to distribute bonus shares for the same period of 14.2841% of the paid-up capital, equivalent to 14.2841 shares per each 100 shares.

By 12:13 pm Oman time, Al Anwar Holdings’ stock reached OMR 0.16, decreasing 9.09%.