The meeting will approve a proposal of distributing 15 percent stock and 5 percent cash dividend to its shareholders. Moreover, the meeting will delegate authority to BOD to forward merger/acquisition process, amend article and memorandum of association, restructure capital, elect two directors from ordinary shareholders and appoint and auditor.
In this regard, the company is closing its book on March 1, thus, the shareholders registered in its book till February 28 will be eligible to attend the AGM and obtain the announced dividend.
