Doha – Mubasher: Al Khalij Commercial Bank (al khaliji) said that the ordinary and extraordinary general meetings will be held on 23 February, to examine FY15 cash dividends, to amend the bank’s statute, and to issue capital instruments.
The ordinary general meeting will consider distributing cash dividned at 10% of the stock par value, or QAR 1 per share, the bank stated.
Meanwhile, the EGM will amend articles of incorporation to comply with Commercial Companies Law, along with issuing capital instruments eligible to be part of the additional capital’s first tranche at a maximum of QAR2 billion.
