Mubasher: Al Fajar Al Alamia’s shareholders approved cash dividends representing 5% of the paid up capital or baize 5 per share for the fiscal year ended 30 June 2015, according to a bourse filing.
During the ordinary general meeting, the shareholders also ratified the reports of the board, the corporate governance and auditor for the fiscal year ended 30 June 2015. They also gave the go-ahead for the profit and loss statement for the same year.
The Muscat-listed company’s shareholders approved a transfer of OMR 40,000 to the special reserve out of the company’s net profits for the fiscal year ended 30 June 2015.
They elected Abdullah Humaid Al Ma’mmary as Al Fajar’s director as board member to fill a vacant place until the ordinary annual general meeting for the year ending 30 June 2017 is convened.
