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The Bahrain Ship Repairing & Engineering Company B.S.C. (BASREC)Cash Dividend& Bonus Share Recommendation

BASREC BASREC 9.93% 1.00 0.09

The Bahrain Ship Repairing & Engineering Company B.S.C. (BASREC)Cash Dividend& Bonus Share Recommendation

The Board of Directors (BOD) of The Bahrain Ship Repairing & Engineering Company B.S.C. (BASREC) agreed in its meeting held on Monday 26/2/2018, to recommend the following distribution to its shareholders registered on the date of the AGM (the record date):

  • Cash dividend of 50% of share nominal value, i.e. 50 fils per share.
  • Bonus share of 10%, one share for every 10 shares held.
  • Please note that the above recommendation is subject to approval by the relevant regulators.

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