Amwal approves dividend freeze, elects new board

Kuwait – Mubasher: Amwal International Investment said shareholders gave a nod to withholding dividends for the fiscal year 2014 and elected a new board of directors for the upcoming three-year term, according to a bourse filing on Sunday.

The Kuwait-listed company earlier posted KWD 520,700 net profit for the first nine months of 2014, a surge of 442% against KWD 152,300 loss in the same period of 2013.

Mubasher Contribution Time: 29-Nov-2015 11:29 (GMT)