Combined Group’s OGM approves FY15 dividends

By: Ahmad Awad

Kuwait-Mubasher: Combined Group Contracting’s ordinary general meeting (OGM) on Sunday approved the dividends proposed for the fiscal year 2015.

The company’s shareholders agreed to distribute 20% cash dividends of the capital or 20 fils per share as well as 10% bonus shares.

In FY15, Combined Group achieved profits worth KWD 4.09 million, 20.7% down from KWD 5.16 million in the previous year.

The stock was last traded on 12 May when it fell by 1.28% to 770 fils.

Translated by: Ingy ElSafy

 

MUBASHER Contribution Time: 15-May-2016 10:47 (GMT)
MUBASHER Last Update Time: 15-May-2016 10:47 (GMT)