SAPTCO recommends withholding cash dividend for FY2019

24/03/2020 Argaam

 

Saudi Public Transport Co.’s (SAPTCO) board of directors has recommended withholding cash dividend for the fiscal year 2019, according to a bourse statement.

 

The step aims to support the company’s financial position and boost liquidity amid the spread of COVID-19.

 

The recommendation is pending approval from the company’s general assembly.

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