Riyadh-Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corporation (Spimaco) will hold an ordinary general meeting (OGM) on 3 April 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.
