Mubasher: The ordinary general meeting (OGM) of Oman Cables Industry Company (OCAI) approved the proposal of distributing cash dividends representing 85% of the capital, or 85 fils per share, for the fiscal year 2016
Oman Cables’ capital stands at OMR 8.97 million, distributed on 89.7 million shares at OMR 0.1 par value.
OGM approved on Monday OMR 197,800 worth of board remuneration for FY16.