عربى

May 22, 2014

Kuwait Stock Exchange announces that Ajial Real Estate Entertainment (Ajial) Co. convened its ordinary and extraordinary general assembly meetings on Wednesday, 21/5/2014, and adopted the following resolution:

  1. Cash dividend distribution of 9% of the nominal value of share (9 fils per share) for the financial year ended on 31/12/2013 to shareholders registered in the company books / records on the date of the general assembly meeting.
  2. Resignation of the board of directors and election of new board members for the next three years as follows:
  • Sheikh Ali Abdullah Al Sabah - Chairman
  • Hamad Mubarak Al Sabah - Vice Chairman
  • Tahani Muslet Al Ajmi - Board Member
  • Abdulaziz Faisal Al Khatrash - Board Member
  • Mohamad Abdulrazzaq Al Kandari - Board Member

After Board approval of the general assembly decision, the company shares shall be traded without cash dividends with effect from Thursday, 22/5/2014.