Kuwait – Mubasher: Aviation Lease and Finance (Alafco) will hold its ordinary general meeting on Tuesday to consider the board’s recommendation of distributing 5% cash dividends.
The board has proposed a payout of 5 fils per share with a total of KWD 4.76 million for the fiscal year ended 30 September, 2016, according to a bourse statement issued on Tuesday.
Alafco’s shareholders will also discuss authorizing the board to purchase or sell 10% or less of the company’s shares.
