Kuwait-Mubasher: The shareholders of Boubyan Petrochemical will discuss on Tuesday the proposed 40% cash dividend payout, equivalent to 40 fils per share, after deducting treasury shares.
The shareholders, during their ordinary general meeting (OGM), will also consider cutting 5.6% or KWD 1.2 million for the statutory reserve to reach 50% of the issued capital, according to a bourse filing.
Boubyan will also hold extraordinary general meeting (EGM) on the same date to discuss amendments to the articles of association.
