Cairo – Mubasher: The ordinary general meeting of Maridive and Oil Services approved withholding cash dividend distribution for the fiscal year 2015.
Moreover, the ordinary meeting agreed to transfer 5% of profits into the legal reserve and to retain $7.38 million (EGP65.37 million).
In 2015, the company logged a net loss of $23.4 million against a net profit of $7.1 million a year earlier.
By 11:25am Cairo time, the stock quote stood at $0.28.
