Kuwait - Mubasher: National Industries will hold its ordinary general meeting (OGM) on 21 May to consider distributing 10% of capital or 10 fils per share as cash dividends for fiscal year 2016.
The shareholders will discuss raising the capital by 7 million bonus shares that will be distributed throughout five years from 2017 to 2021, according to a bourse statement issued on Sunday.
The OGM will consider raising the capital to KWD 36.02 million from KWD 35.32 million, with shares increasing to 360.20 million from 353.20 million.
