Areej board Oks cash dividends, bonus shares

Mubasher: Areej Vegetable Oils and Derivatives said that its board approved in its meeting on 3 February a 35% cash dividend or 350 baisa, according to a bourse filing on Thursday.

During the meeting, the board will discuss bonus shares of 50% of the company's share capital, or 1 share for every 2 shares held.

The annual ordinary general meeting is scheduled to be held on 1 March, 2016.

Mubasher Contribution Time: 04-Feb-2016 07:38 (GMT)