Southern Cement plans to hold general assembly on March 17

21/02/2016 Argaam

Southern Province Cement Co. has invited shareholders who own at least 20 shares for a general assembly meeting on March 17 at the company’s headquarters.

The agenda includes voting on the company’s financial performance in 2015, a dividend payout at a total of SAR 840 million, or SAR 6 a share for 2015 and the audited results, it said in a statement to the Saudi bourse, Tadawul.

Shareholders will also vote on SAR 1.8 million bonuses for board members, or SAR 200,000 a member.


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