Mubasher: The shareholders of GFH Financial Group recommended to raise the proposed cash dividend to 12% instead of 10% for fiscal year 2016, according to a recent statement.
This increase will be subject to the approval of the official authorities.
The group’s shareholders also recommended 10% bonus shares for the fiscal year.
The GFH’s extraordinary general meeting (EGM) approved raising the authorised capital to $2.5 billion, the statement noted.
