Cairo – Mubasher: The ordinary general meeting (OGM) of Arab Co. for Asset Management and Development approved the board of directors’ proposal to distribute cash dividends for the period between 4 April 2018 and 30 September 2019.
The company’s shareholders approved distributing EGP 0.14 per share as dividends for the period that started with the establishment of the company on 4 April 2018 until the end of last September, according to a statement to the Egyptian Exchange (EGX) on Monday.
It is worth mentioning that the EGX-listed firm logged a net profit of EGP 44.403 million, versus a net loss of EGP 1.944 million during the April-September period of 2018.
