United Poultry’s OGM approves dividends, delisting from KSE

Kuwait-Mubasher: Kuwait United Poultry’s ordinary general meeting (OGM) agreed on distributing the 20% dividends recommended by the board for the fiscal year 2015, according to a statement.

The company has proposed 20 fils per share as cash dividends for the fiscal year 2015 when its profits grew 2.3% to KWD 2.63 million from KWD 2.57 million in FY14.

United Poultry’s shareholders approved on Sunday a voluntary withdrawal from the Kuwait Stock Exchange (KSE). Also, the OGM has elected new board members for the coming three years.

 

Mubasher Contribution Time: 03-Apr-2016 10:47 (GMT)