Riyadh – Mubasher: Kingdom Holding Company (KHC) will hold its extraordinary general meeting (EGM) on 25 May to discuss the distribution of cash dividends for 2016.
The company would distribute cash dividends at SAR 0.50 per share, representing 5% of capital, according to a bourse filing on Sunday.
The EGM will consider mandating the board to distribute interim dividends on the shareholders.
The meeting will also vote on the board’s and auditors’ reports for the period ended 31 December 2016, in addition to amending the company’s bylaws to be in line with the New Companies Law.
