Mubasher: Acico Industries’ general assembly on Wednesday approved a proposal for the distribution 5% of its capital in cash dividends for the year 2018.

The company’s shareholders consented to the distribution of another 5% of its capital in bonus shares.

Acico’s general assembly elected board members for a three-year term, approving a KWD 1.59 million capital increase.

In 2018, the Boursa Kuwait-listed company went down 55.8% year-on-year to KWD 2.27 million.