Mubasher: The ordinary general meeting (OGM) of Salhia Real Estate approved the board’s recommendation of distributing dividends for fiscal year 2016.
The company will pay 20% cash dividends or 20 fils per share, according to a bourse statement issued on Wednesday.
During FY16, profits increased to KWD 12.23 million from KWD 11.63 million in FY15.