The Board of Directors of A’Sharqiya Investment Holding Company (SAOG) convened on 25 February 2015, and endorsed the financial statements for the year ended 31 December 2014 where the company’s net profit amounts to RO 572,948 (Rial Omani Five Hundred seventy two Thousand Nine Hundred forty eight only) compared to RO 531,046 (Rial Omani Five Hundred Thirty one Thousand forty six only) in 2013.
The Board of Directors further recommended the following:
- Distribution of dividends to the shareholders at the rate of 5% cash and 4.022% stock dividend.
- Submit the said recommendation to the company’s shareholders general meeting, scheduled for 29 March 2015 for approval
