Kuwait-Mubasher: The shareholders of United Foodstuff Industries Group will discuss the board’s recommendation to distribute 5% cash dividends or KWD 166.75 million for 2015, according to a bourse statement.
During its ordinary general meeting (OGM), the shareholders will also consider authorising the board to buy or sell not more than 10% of the company’s shares.
The shareholders will also discuss the transfer of KWD 39,280 from the voluntary reserve to the legal reserve after clearing the accumulated losses.
