Kuwait – Mubasher: Hilal Cement said its shareholders approved to distribute bonus shares on a 20-for-100 basis for fiscal year 2016, according to a bourse statement.
The approved bonus shares stand at 16.91 million, representing 20% of the company’s capital.
The shareholders also gave the go-ahead to increase the company’s capital from KWD 8.46 million to KWD 10.15 million.
