Halwani's General Assembly approves 20% cash dividends (SAR 2/share) for 2013

07/04/2014 Argaam

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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