Mubasher: Ooredoo will hold its ordinary general meeting (OGM) and extraordinary general meeting (EGM) on 19 March to consider the dividends proposed for fiscal year 2016.
The board members have recommended a cash dividend of 85% or 85 fils per share for the fiscal year, according to a bourse statement issued on Wednesday.
Ooredoo’s shareholders will also discuss authorising the board to sign credit facility agreements, as well as selling 10% or less of the company’s shares.