Mubasher: The National Company for Glass Industries (Zoujaj) will hold its extraordinary general meeting (EGM) on 9 April to overview the board’s recommendation of distributing dividends for the first half of fiscal year 2016.
The board has proposed cash dividends of 7.5% or SAR 0.75 for H1-16, according to a bourse filing issued on Wednesday.
The shareholders will consider transferring 10% of net profit with a value of SAR 2.2 million to the reserves account.
