Unicap shareholders nod to 5% bonus

Mubasher: The ordinary general meeting (OGM) of Unicap Investment and Finance approved the board’s recommendation to distribute 5% as bonus shares for fiscal year 2016.

The shareholders approved distributing 1 share per each 20 as a bonus for FY16, according to a bourse filing issued on Sunday.

During FY16, Unicap reported a growth of 26.4% in profits to KWD 1.39 million, compared to KWD 1.1 million in FY15.

 

Mubasher Contribution Time: 16-Jul-2017 14:06 (GMT)
Mubasher Last Update Time: 16-Jul-2017 14:06 (GMT)