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Unicap shareholders nod to 5% bonus

Unicap shareholders nod to 5% bonus
Unicap reported a growth of 26.4% in profits in FY16
UNICAP
UNICAP
1.11% 100.00 1.10

Mubasher: The ordinary general meeting (OGM) of Unicap Investment and Finance approved the board’s recommendation to distribute 5% as bonus shares for fiscal year 2016.

The shareholders approved distributing 1 share per each 20 as a bonus for FY16, according to a bourse filing issued on Sunday.

During FY16, Unicap reported a growth of 26.4% in profits to KWD 1.39 million, compared to KWD 1.1 million in FY15.