Mubasher: Oman International Development and Investment (Ominvest) will hold an ordinary general meeting on 30 March to discuss proposed cash dividends for 2015.
The board of directors proposed distributing 25% annual dividends divided into cash dividends at 10% or 10 baisa per share (OMR5.53 million), and 15% bonus shares or 15 shares for every 100 shares totalling 82.93 million shares with a nominal value 100 baisa per share.
Ominvest board of directors, in its meeting on Monday, approved the annual audited financial statements of the group and the parent company for last year, which showed profit reaching OMR37.2 million ($96.3 million), compared with OMR28.4 million ($73.5 million) in 2014, according to bourse filing.
The company reported OMR 9.39 million earnings in the fourth quarter of 2015, compared to OMR 4.61 million ($11.58 million) in the same period of 2014.