Doha – Mubasher: Mazaya Qatar Real Estate Development Company’s board of directors proposed bonus shares at 5% (on a 5-for-100 basis).
The company posted today a 33.5% decline in 2015’s profit to QAR 112.7 million from QAR 169.4 million in 2014.
Last April, the Qatar-listed company’s general meeting approved the board’s recommendation to distribute cash dividends at 3% of the capital valued at OMR 0.3 per share, and bonus shares at 5%, equivalent to five shares for each 100 shares.
