Gulf Glass shareholders approve dividends, delisting from KSE

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).

Mubasher Contribution Time: 27-Apr-2016 07:56 (GMT)
Mubasher Last Update Time: 27-Apr-2016 07:56 (GMT)