Riyadh-Mubasher: Abdullah Al Othaim Markets said its ordinary general meeting (OGM) will be held on 27 March, to discuss agenda items; mainly cash dividends for 2015.
Shareholders will also review the board and auditor’s reports, financial statements and the business concluded with related parties in 2015.
The board earlier proposed cash dividends for 2015 at 20% of the stock’s par value, or SAR 2 a share, totalling SAR 90 million.
FY15 net income rose 7.5% to SAR 230.88 million, compared with SAR 214.78 million in 2014.
The stock climbed 1.94% to close Monday at SAR 82.32.
