Kuwait-Mubasher: Shareholders of Gulf Glass Manufacturing gave the go-ahead on Tuesday to the proposed dividend payout for 2015, according to a bourse statement.
The shareholders approved, during their ordinary general meeting (OGM), 25% cash dividends or 25 fils per share, with a total value of KWD 1.16 million after deduction of treasury stocks.
The shareholders also gave a nod to 10% bonus shares on a 10-for-100 basis.
The meeting also approved the voluntary withdrawal of Gulf Glass from Kuwait Stock Exchange (KSE).