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General Assembly

The cash dividend payout stands at 30 fils per share
13 April 01:58 PM Alliance Insurance's OGM approves 30% dividends
Dubai – Mubasher: The ordinary general meeting (OGM) of Alliance Insurance has approved cash dividend distribution, equivalent to 30% of the company's paid-up capital. The cash dividend payout stands at 30 fils per share, aggregating at a total …
Raya Holding suffered consolidated net losses of EGP 45.68 million in 2020
13 April 12:43 PM Raya Holding not to distribute dividends for 2020
Cairo – Mubasher: The ordinary general meeting (OGM) of Raya Holding for Financial Investments decided to cancel dividends for 2020, according to a bourse disclosure on Tuesday. During 2020, Raya Holding suffered consolidated net losses of EGP …
Eligible stakeholders will receive the H2-20 dividends as of 25 April
12 April 05:55 PM SABIC Agri-Nutrients to distribute SAR 893m dividends for 2020
Riyadh –Mubasher: The shareholders of SABIC Agri-Nutrients Company approved a cash dividend distribution of SAR 892.7 million for the full year 2020, according to a disclosure to Tadawul on Monday. The equityholders nodded to 10% of the capital as …
The decision aims to boost Arabian Shield’s financial position
12 April 05:40 PM Arabian Shield plans no dividends for 2020
Riyadh – Mubasher: Arabian Shield Cooperative Insurance Company’s board recommended not paying out cash dividends for 2020, according to a disclosure to Tadawul on Monday. The decision aims to boost the company’s financial position. Arabian …
Eastern Province Cement will distribute SAR 2.5 per share
12 April 05:04 PM Eastern Province Cement’s OGM nods to SAR 215m dividends for 2020
Riyadh – Mubasher: Eastern Province Cement Company said its ordinary general meeting (OGM) approved the board’s recommendation to pay 25% of the capital as cash dividends for 2020. The company will distribute SAR 2.5 per share at a total amount of …
Southern Province Cement has paid out 22.5% of the capital as dividends for H1-20
12 April 04:49 PM Southern Province Cement to pay SAR 350m dividends for H2-20
Riyadh – Mubasher: Southern Province Cement Company’s shareholders nodded to the recommendation of distributing 25% of the capital as cash dividends for the second half (H2) of 2020. The company will pay SAR 2.5 per share to the eligible …
Eligible shareholders will be disbursed the dividends on 2 May
12 April 04:12 PM Arabian Cement pays SAR 225m dividends for 2020
Riyadh – Mubasher: Arabian Cement Company announced the distribution of SAR 225 million worth of cash dividends for the full year 2020. This translates to SAR 2.25 per share or 22.5% of the nominal value of each share, according to a disclosure to …
Astra Industrial will pay out SAR 0.75 per share as dividends for 2020
12 April 03:20 PM Astra Industrial’s shareholders approve SAR 60m dividends
Riyadh – Mubasher: The stakeholders of Astra Industrial Group gave the green light for the board’s recommendation to distribute 7.5% of the capital as cash dividends for 2020. The company will pay out SAR 0.75 per share at a total value of SAR 60 …
The total value of the cash dividends stands at AED 4.75 million
12 April 02:56 PM Insurance House's OGM approves 4% dividends
Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Insurance House (IH) has approved cash dividend distribution, equivalent to 4% of the capital. The total value of the cash dividends stands at AED 4.75 million, according to a press …
The cash dividend payout stands at 8 fils per share
12 April 11:15 AM Dubai Investments to distribute 8% dividends for 2020
Dubai – Mubasher: The ordinary general meeting (OGM) of Dubai Investments has approved to pay cash dividends, equivalent to 8% of the capital, for 2020. The approved dividends stand at 8 fils per share, amounting to AED 340.161 million, according …
MIS aims to raise the capital to SAR 250 million
12 April 10:28 AM MIS’ shareholders nod to 25% capital hike
Riyadh – Mubasher: The equityholders of Al Moammar Information Systems Company (MIS) approved a 25% capital increase by capitalising SAR 50 million from the reserves and retained earnings. MIS aims to raise the capital to SAR 250 million from SAR …
The cash dividend payout stands at 10 fils per share
12 April 09:31 AM Emaar Properties' OGM approves 10% dividends
Dubai – Mubasher: The ordinary general meeting (OGM) of Emaar Properties has approved the distribution of cash dividends, equivalent to 10% of the share capital. The cash dividend payout stands at 10 fils per share, aggregating at a total amount …
The company logged net profits of EGP 88.26 million in 2020
11 April 01:56 PM October Pharma's shareholders approve dividends, delay bonus issue
Cairo – Mubasher: The ordinary general meeting (OGM) of October Pharma approved a cash dividend of 30% of the capital or EGP 3 per share for 2020. The shareholders also decided to postpone the issuance of bonus shares for further consideration, …
The company reported net profits of EGP 36.48 million in 2020
11 April 01:38 PM Raya Contact Center's board approves capital cut via treasury stock cancellation
Cairo – Mubasher: The board of directors of Raya Contact Center approved the commencement of procedures to cancel some of its treasury stocks. A total of 4.272 million treasury stocks will be cancelled by reducing capital by EGP 2.14 …
The approved dividends total AED 11.25 million
11 April 10:35 AM Watania's shareholders approve 7.5% dividends for 2020
Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of National Takaful Company (Watania) has approved a cash dividend distribution, equivalent to 7.5% of the company's share capital, for 2020. The cash dividend payout aggregates at a total …
Shareholders approved distributing 0.04 bonus share for every share held
8 April 11:47 AM MNHD's shareholders approve dividends, bonus issue for 2020
Cairo – Mubasher: Madinet Nasr Housing and Development (MNHD) announced that its ordinary general meeting (OGM) approved a proposal to distribute a cash dividend of EGP 0.45 per share for 2020.  Dividends will be paid in instalments over the …
Alinma Bank will disburse a total of SAR 596.12 million dividends
8 April 11:28 AM Alinma Bank’s shareholders nod to 3% dividends for 2020
Riyadh – Mubasher: The shareholders of Alinma Bank approved, during the extraordinary general meeting, distributing 3% of the capital or SAR 0.3 per share as cash dividends for 2020. The financial institution will disburse a total of SAR 596.12 …
The treasury shares amounted to 27.442 million
8 April 10:17 AM Naeem Holding's EGM approves capital cut by writing off treasury shares
Mubasher: The extraordinary general meeting (EGM) of Naeem Holding for Investment has unanimously approved the issued and paid-up capital reduction to $245.29 million from $264.499 million by writing off the treasury shares in the financial …
Saudi Cement’s OGM approved disbursing 20% of the capital as H2-20 dividends
8 April 10:00 AM Saudi Cement’s OGM approves dividends for H1, H2-20
Riyadh – Mubasher: The ordinary general meeting (OGM) of the Saudi Cement Company gave the green light for distributing 15% of the capital as cash dividends for the first half (H1) of 2020. The company will pay SAR 1.5 per share at a total value …
L'azurde submitted its request to the CMA in December 2020
7 April 04:27 PM L'azurde obtains regulator’s nod for capital increase
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) approved L'Azurde Company for Jewelry’s request to raise the capital by SAR 145 million through a rights issue. The increase will be limited to the shareholders registered at the Security …
TADCO will raise its capital to spend it on operating activities and its agricultural plan
7 April 01:06 PM TADCO’s shareholders approve SAR 150m capital hike
Riyadh – Mubasher: The equityholders of Tabuk Agricultural Development Company (TADCO) agreed on increasing the capital by SAR 150 million or 62.04% through a rights issue at a par value of SAR 10 per share, according to a bourse disclosure. The …
The shareholders also agreed on paying bonus shares
6 April 03:58 PM GFH's OGM approves $42m cash dividend, bonus share distribution
Mubasher: The ordinary general meeting (OGM) of GFH Financial Group has approved a cash dividend and bonus share distribution of $42 million. The cash dividend payout for all ordinary shares stands at 1.86% of the share nominal value or $0.0049, …
Saudi Vitrified Clay has achieved an annual rise of 21.6% in 2020 profits
6 April 01:03 PM Saudi Vitrified Clay’s shareholders approve 10% dividends for 2020
Riyadh – Mubasher: The ordinary general meeting of Saudi Vitrified Clay Pipe Co. gave the green light for paying the equivalent of 10% of capital as cash dividends for 2020. The shareholders approved the board’s decision to distribute SAR 1 per …
Maadaniyah registered accumulated losses of SAR 40.15 million
5 April 02:13 PM Maadaniyah amends capital reduction value
Riyadh – Mubasher: The National Metal Manufacturing and Casting Company (Maadaniyah) decided to reduce the capital to SAR 240.96 million from SAR 281.12 million, due to the losses incurred during the fourth quarter of 2020. The reduction value, …
The issued capital will amount to EGP 144.611 million
5 April 12:51 PM Edita's EGM approves capital cut through treasury share cancellation
Cairo – Mubasher: The extraordinary general meeting (EGM) of Edita Food Industries has approved the issued capital cut by cancelling 2.3 million treasury shares with a nominal value of EGP 460,892. Following its reduction from EGP 145.07 million, …