Al Omaniya Financial Services to pay OMR 1.23m bonds interest

Mubasher: Al Omaniya Financial Services said Wednesday that it will distribute OMR 1.23 million for the second six months ended 13 October 2016 for the holders of unsecured compulsorily convertible bonus stock bonds, at an interest of 4% per annum.

For the ninth six months ended 22 October 2016, the company will pay OMR 2 million for the holders of compulsorily convertible bonds, at an interest of 5.5% per annum.

All uncollected cheques after one week will be mailed to the bondholders at their postal address, while the unclaimed interests after a period of six months from the date of the interest warrant will be transferred to Investor’s Trust Fund with Muscat Clearing and Depository Company, according to a bourse filing.

Mubasher Contribution Time: 02-Nov-2016 08:49 (GMT)
Mubasher Last Update Time: 02-Nov-2016 08:49 (GMT)