Al-Samaani shareholders to vote on FY 2018 dividend on May 9

18/04/2019 Argaam

Shareholders of Nomu-listed Al-Samaani Factory for Metal Industries Co. will vote on a 15 percent cash dividend, or SAR 1.5 per share, for fiscal year 2018 in the general assembly meeting that will be held on May 9, 2019.

 

The dividend will total SAR 2.25 million, the company said in a bourse filing on Thursday.

 

Shareholders are also set to review the board and auditor’s reports, as well as financial statements for fiscal year 2018.

 

The board members will be discharged from liability for the previous fiscal year.

 

Al-Samaani will also hire an external auditor for the current fiscal year.

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