Mubasher: The board of Al Nisr Al Arabi Insurance Co. invited shareholders to attend the annual ordinary general meeting (OGM) on 25 April, 2016 for discussing cash dividends and other important issues.
The ordinary general meeting will consider paying cash dividends at 22% of FY15 profits, withholding a required reserve of JOD34,958 out of net profits, and retaining $1.232 million of future profits.
The discussion will also include the balance sheet, the account and approval of profits and losses, and board member’s liability discharge.
