Kuwait-Mubasher: Aviation Lease and Finance Company (Alafco) will hold its ordinary and extraordinary general meetings on Thursday to discuss the board’s recommendation of distributing 5% or 5 fils per share as cash dividends for the fiscal year ended 30 September, 2015.
The meeting will include the proposal of increasing the capital to KWD 95.21 million from KWD 81.88 million, up by16.28%, in addition to a premium issue of 125 fils per share through the entrance of new shareholder Gulf Investment Corporation.