Kuwait-Mubasher: Educational Holding Group will hold its ordinary general meeting (OGM) on 10 January to discuss the board’s recommendation of distributing 12% cash dividends (12 fils per share) on shareholders, with a total value of about KWD 2.9 million.
The Kuwaiti company said in a bourse statement that the shareholders will discuss the board’s proposal of paying KWD 5,000 as a reward to the board members for the fiscal year ended 31 August, 2015, with a total of KWD 25,000.
Moreover, the OGM will review the authorization of the board to sell/buy 10% or less of the company’s shares.
