Banader shareholders OK dividend freeze

Bahrain-Mubasher: Banader Hotels said its ordinary general meeting, held on 10 March, approved the board's recommendation on withholding dividends for the fiscal year 2014.

The company posted net losses of BHD 110,000 for FY14, declining 38.4% year-on-year from BHD 178,000 a year earlier.

Banader operates with BHD 15 million capital, divided into 150 million shares at BHD 0.1 par value each.

Mubasher Contribution Time: 10-Mar-2015 10:58 (GMT)