SMN Power Holding SAOG Proposes Dividend for the Year Ended December 31, 2015 and Interim Dividend for Six Month Ending June 30, 2016; Appoints Ahmed Dokmak as Director to its Board
The board also approved the payment of an interim dividend not exceeding 19% per share (19 baizes per share) out of the consolidated audited accounts of the company for the 6-month period ended 30 June 2016, to the shareholders who are registered in the company's register with Muscat Clearing & Depository Company SAOC as on 15 November 2016. The approved dividend is subject to shareholders approval at the AGM to be held on March 31, 2016.
The Board appointed Mr. Ahmed Dokmak as a temporary director of the Board to fill the vacancy created by the resignation of Mr. Alan Robinson.