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KGL Logistics to pay KWD 3.7m bonus for FY18

KGL Logistics to pay KWD 3.7m bonus for FY18
A previous ordinary general meeting of KGl Logistics
KGL
KGL`R
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Mubasher: The shareholders of KGL Logistics approved on Thursday the board’s recommendation of distributing 5% of the capital as bonus shares for fiscal year 2018.

The Boursa Kuwait-listed company will distribute 5-for-100 shares as bonus on 23 June to the entitled shareholders of record date 18 June, according to a bourse disclosure on Sunday.

During FY18, KGL Logistics posted a slight decline of 0.34% to KWD 5.93 million compared to KWD 5.95 million in FY17.