Mubasher: The ordinary general meeting (OGM) of Agility Public Warehousing approved the board’s recommendation of distributing 30% of the capital as cash dividends and bonus shares for fiscal year 2018, Kuwait News Agency (KUNA) reported.
The shareholders of Agility, listed on both Boursa Kuwait and the Dubai Financial Market (DFM), approved on paying 15% of the capital as dividend to the entitled shareholders or 15 fils per share, KUNA said.
Furthermore, Agility will distribute 15% of the capital as bonus shares or 15-for-100 shares for FY18.
During FY18, Agility achieved a growth of 18.4% in profits to KWD 81.11 million compared to KWD 68.51 million in FY17.
