Mubasher: Global Financial Investment Company announced on Thursday that its ordinary general meeting (OGM) will be held on 31 March.
The OGM will discuss the board of directors’ proposal to distribute cash dividends at 5%, equivalent to 5 Baisas per share, as well as the auditor’s report on the fiscal year 2015 and electing new board members.
The company’s profits rose in 2015 to OMR 1.37 million ($3.559 million) from OMR 23,060 ($59,919) in 2014.
The last dividends distribution was in 2009 at 30% of the capital, according to figures by the Muscat Securities Market.
