Dubai-Mubasher: Amanat Holdings’ shareholders gave the go-ahead to a dividend payout at 1.5% of capital for 2015, according to a bourse filing.
The company will distribute 1.5 fils per share, totalling AED 37.5 million.
The shareholders also ratified, during their ordinary general meeting (OGM), the board’s report on Amanat’s financials position, in addition to the profit and loss statement for 2015.
The appointment of Mansour Al Hamid as an independent director was also approved.
The shareholders gave a nod to decrease the number of board members to nine from seven.
The shareholders also approved the establishment of authorised capital worth AED 5 billion.
