Deyaar’s OGM to discuss no dividends proposal 28 March

Dubai – Mubasher: Deyaar Development Company announced on Tuesday that its ordinary general meeting (OGM) will be held on  28 March.

The OGM will discuss the company’s proposal not to pay cash dividends for the fiscal year 2015, in addition to adopt the amendments to the company’s statute to comply with the commercial companies law no (2) of 2015.

The Dubai listed company’s net profit rose in 2015 by 3% to AED 291.4 million from AED 281.9 million in 2014.

Mubasher Contribution Time: 01-Mar-2016 13:48 (GMT)