ADSB shareholders nod to annual dividends

Abu Dhabi – Mubasher: Abu Dhabi Ship Building (ADSB) said its shareholders approved 10% cash dividends, equivalent to 10 fils per share, for fiscal year 2016, according to a bourse statement.

Total dividend payout stands at AED 21.2 million for FY16.

The shareholders gave a nod to the remunerations of the company’s board members.

The shareholders’ meeting will be postponed to 20 April in case of incomplete quorum.

Mubasher Contribution Time: 22-Mar-2017 07:28 (GMT)
Mubasher Last Update Time: 22-Mar-2017 08:30 (GMT)