Riyadh-Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corporation (Spimaco) will hold an ordinary general meeting (OGM) on 21 March to discuss the board’s proposal of distributing cash dividends for the fiscal year 2015, according to a bourse statement.
The Saudi company said that its board recommended a payment of 10% cash dividends or SAR 1 per share, with a total value of SAR 120 million.
The OGM will discuss electing board members for the next three-year term, starting 3 April, 2016.
