Riyadh – Mubasher: Saudi Automotive Services Company (SASCO) will hold an ordinary general meeting on 13 April.
The general meeting will vote on a number of items, mainly proposed cash dividends for the fiscal year 2015.
Earlier, SASCO board of directors proposed the distribution of cash dividends for 2015 at 5% of the stock’s par value, or SAR 0.5 a share, totalling SAR 27 million, eligible to shareholders of record on the general meeting date.
The company operates with SAR 540 million capital, distributed over 54 million shares at SAR 10 each.
