QNB to hold general meetings on 5 February

Doha – Mubasher: QNB Group announced on Wednesday that it will its ordinary and extraordinary general meetings (OGM, EGM) on 5 February.

In case of lack of quorum, the second meeting will be conducted on 8 February, according to a bourse filing.

The OGM will discuss the board’s proposal to distribute cash dividend of QAR 3.5 per share (35% of the stock’s nominal value) and 1-for-10 bonus shares (10% of the share capital).

Furthermore, the OGM will look into the board’s report on the company’s activity and its financial position for the fiscal year 2016 and the business plan for fiscal 2017.

Mubasher Contribution Time: 18-Jan-2017 08:10 (GMT)
Mubasher Last Update Time: 18-Jan-2017 08:10 (GMT)