Dubai – Mubasher: Emaar Malls’ general assembly has approved distributing a cash dividend of 10 fils per share for the full-year 2018.
Total dividends reach AED 1.301 billion ($354 million), representing 10% of the company’s capital, the unit of Dubai's largest listed developer Emaar Properties said in a statement on Tuesday.
The general assembly has also agreed upon appointing KPMG as external auditors for the company for 2019.
It is worth noting that the company reported a 30% profit increase in 2018, recording AED 7.216 billion ($1.965 billion).
