The General Assembly of Halwani Bros approved the BOD recommendation of 20% cash dividends (SAR 2/share) for 2013, in its meeting held yesterday as shown in the following table:
|
Cash dividends details |
|
|
SAR 285.7 mn |
Current capital |
|
28.57 mn shares |
Number of shares |
|
SAR 57.14 mn |
Cash dividends |
|
20% ( SAR 2/share) |
% of capital |
|
April, 6, 2014 |
Record date |
|
May, 13, 2014 |
Payment date |
The GA also approved all listed items including the BOD recommendation to suspend statutory reserve formation for reaching 50% of the capital.
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