Al Mowasat’s shareholders approve FY15 dividends, delisting

Kuwait-Mubasher: Al Mowasat Health Care’s ordinary general meeting (OGM) agreed on distributing 15% cash dividends of capital or 15 fils per share, according to a statement.

During the fiscal year 2015, the Kuwait-listed firm achieved profits worth KWD 3.34 million as compared to KWD 2.01 million in FY14.

The company said shareholders nodded for a voluntary withdrawal from the Kuwait Stock Exchange (KSE).

Also, Al Mowasat’s OGM endorsed the election of new board members for the coming three-year term. 

Mubasher Contribution Time: 04-Apr-2016 10:19 (GMT)