The meeting will endorse a proposal of distributing 22 percent stock and 1.1579 percent cash dividend to its shareholders. Moreover, the meeting will delegate authority to BOD to forward merger/acquisition with suitable partners and amend its article and memorandum of association, elect a director from ordinary shareholders and appoint and auditor.
In this regard, the company will close its book on January 31, thus, the shareholders registered in its book till January 30 will be eligible to attend the AGM and obtain the announced dividend.
