Dubai – Mubasher: Dubai Investments said its board of directors has set 8 April for its annual general meeting (AGM), which will convene at the company’s headquarters at 4:30pm to discuss the company’s annual dividends.
The OGM will discuss a cash dividend of 12% and 6% bonus share distribution for the year ended 31 December 2014, the company said in its filing to the Dubai Financial Market (DFM).
Dubai Investments reported a net profit surge by 63% in 2014, reaching AED 1.341 billion, compared to AED 822.32 million in 2013.
Its capital amounts to AED 3.82 billion divided on 3.82 billion shares at par value of AED 1 per share.
