The meeting will endorse a proposal of distributing 7 percent stock and 0.36842 percent cash dividend for tax to its shareholders.
Similarly, the meeting will also endorse a proposals to rebrand the company name to develop it as a holding company, to issue right shares, to amend the Memorandum of Association and Articles of Association, to elect 2 directors i and appoint an auditor.
In this regard, the company is closing its book on April 17, thus, the shareholders registered in its book till April will be eligible to attend the AGM and obtain the announced dividend.
