Kuwait-Mubasher: Boubyan International Industries Holding’s shareholders approved, in its meeting held on 3 December, the board’s recommendation to freeze dividends for the year ended 31 July 2015, according to the company's statement.
The company earlier cut 42.9% of its losses for the fiscal year ended 31 July, 2015.
Losses shrank to KWD 2.21 million ($7.27 million) this year from KWD 3.87 million ($12.73 million) in the fiscal year ended 31 July, 2014.
