Doha – Mubasher: Qatar National Cement Company announced on Wednesday that its ordinary general meeting (OGM) and extraordinary general meeting (EGM) will be held on 15 February at 6 PM.
The OGM will discuss financial results of 2015, a proposal to distribute cash dividends at 40% of the share’s par value and bonus shares at 10% as part of the agenda.
Meanwhile, the EGM will consider the draft amendment to the company’s statute, the ratification of increasing the company’s capital to QAR 594.1 million distributed across 59.41 million shares, with a nominal value of QAR 10.
Doha – Mubasher: Qatar National Cement Company announced on Wednesday that its ordinary general meeting (OGM) and extraordinary general meeting (EGM) will be held on 15 February at 6 PM.
The OGM will discuss financial results of 2015, a proposal to distribute cash dividends at 40% of the share’s par value and bonus shares at 10% as part of the agenda.
Meanwhile, the EGM will consider the draft amendment to the company’s statute, the ratification of increasing the company’s capital to QAR 594.1 million distributed across 59.41 million shares, with a nominal value of QAR 10.
The company set 28 February as an alternative date for the meetings if the quorum is not reached in either meeting.
Qatar National Cement posted net profit of QAR 463.5 million last year, a rise of 10.3% compared to QAR 420.3 million in 2014.
Qatar National Cement posted net profit of QAR 463.5 million last year, a rise of 10.3% compared to QAR 420.3 million in 2014.
