Mubasher: Kuwait Business Town will hold its ordinary general meeting (OGM) and extraordinary general meeting (EGM) on 3 April to consider the board’s recommendation of distributing cash dividends and bonus shares for fiscal year 2016.
The proposed cash dividend is 2% of capital or 2 fils per share, with a total value of KWD 1.1 million, the company said, adding that the bonus shares account for 5% or 5-for-100 shares.
The OGM will discuss the income statements of the fiscal year which ended on 31 December 2016.
