Al Othaim shareholders authorize board to pay interim dividend for FY2020

Abdullah Al Othaim Markets Co.’s shareholders approved authorizing the board to pay interim dividend for the fiscal year 2020 on a quarterly or semi-annual basis, during the company's ordinary general meeting held on May 7.

The company said in a bourse statement that the maturity and disbursement date will be determined according to the laws and regulations in line with the Companies Law related to the listed joint stock firms.

Shareholders also approved several transactions and contracts implemented with other companies in which the members of the board of directors have related interest.