Riyadh – Mubasher: The ordinary general meeting (OGM) of Al Moammar Information Systems Company (MIS) has approved the company’s financial results, as well as the board and auditor’s reports for last year.
Moreover, shareholders approved the SAR 32 million cash dividends that were distributed for 2019 at SAR 2 per share, representing 20% of the company’s capital.
A SAR 1.035 million compensation for board members was also approved, according to the company’s disclosure to the Saudi Stock Exchange (Tadawul) on Tuesday.
Last year, MIS registered a 17.76% year-on-year (YoY) increase in profit to SAR 75.97 million from SAR 64.51 million in 2018.
