Cairo - Mubasher: Shareholders of Edita Food Industries have approved a proposal to distribute EGP 85 million in cash dividends for 2017 at the ordinary general meeting (OGM).
The OGM has approved a cash dividend distribution of EGP 0.117 per share, the company said in a filing to the Egyptian Exchange (EGX) on Wednesday.
The company's general meeting has nodded to renew Hani Nabih's contract as Edita chairman for another three-year tenure, the Cairo-based confectioner said.
Edita’s capital amounts to EGP 145.07 million distributed over 725.36 million shares at a par value of EGP 0.20 per share.
