Al Suwadi Power SAOG (SUWP)

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News

7 March 2017 10:05 AM Al Suwadi Power OGM to discuss 10 baisas/shr dividends

Mubasher: Al Suwadi Power said Tuesday that its ordinary general meeting (OGM) will discuss on 23 March the distribution of 10 baisas per share to the shareholders of the company in May/June 2017 and November/December 2017 out of the retained …

General Assembly

15 January 2017 01:02 PM Al Suwadi Power Q4 losses fall 2.6%

Mubasher: Al Suwadi Power reported a 2.6% decline year-on-year in its losses during the fourth quarter of 2016, according to unaudited financial statements. Losses reached OMR 2.66 million ($6.9 million) in Q4-16, compared to OMR 2.73 million ($7 …

Financial Results

8 November 2016 00:30 PM MSM-listed energy firms’ Q3 profit rises 1.3%

By: Salama Abdulrahman Mubasher: The financial statements of the energy companies listed on the Muscat Securities Market (MSM) showed a year-on-year growth in their total net profits for the third quarter of fiscal 2016. Total profits of 11 listed …

Financial Results

27 October 2016 09:58 AM Al Suwadi Power approves 5.5 baisas/shr dividends

Mubasher: Al Suwadi Power’s board of directors agreed on paying cash dividends of 5.5 baisas per share (5.5% of the share’s par value). Dividends will be paid out of retained earnings as per the audited financial statements for the fiscal year …

Event

16 October 2016 09:28 AM Al Suwadi Power Q3 profit up 7.6%

Mubasher: Al Suwadi Power’s profits for the third quarter of the fiscal year 2016 grew by 7.6% to OMR 7.33 million ($18.97 million), from OMR 6.81 million ($17.63 million) for Q3-15. In the first nine months of 2016, net profit rose 17.5% to OMR …

Financial Results

28 August 2016 10:37 AM Omani power firms’ profits rise 5.4% in Q2

By: Salama Abdulrahman Mubasher:  The financial statements of the power companies listed in the Muscat Securities Market (MSM) for the second quarter of fiscal 2016 showed an increase of 5.4% in their profits, compared to the same period of 2015. …

Sector Reports

27 April 2016 09:51 AM Al Suwadi’s shareholders OK 3.7% cash dividends

Mubasher: Al Suwadi Power Company’s shareholders approved on Wednesday the distribution of cash dividends at 3.7% of the capital (3.7 Baisas per share) for the fiscal year 2015. The company is capitalised at OMR 71.44 million distributed across …

General Assembly

28 February 2016 06:51 AM Oman’s Al Suwadi Power to discuss proposed dividends mid-March

Mubasher: Al Suwadi Power will hold its ordinary general meeting on 14 March to consider the board’s proposal of distributing cash dividends not less than 11% of the paid-up capital, or 11 baisa per share, with a total value worth OMR 7.86 …

General Assembly

22 October 2015 08:56 AM Al Suwadi Power's board Oks 5.15% cash dividends

Mubasher: Al Suwadi Power’s board gave the go-ahead for cash dividends of 5.15% or baizas 5.15 per share for the fiscal year ended 31 December 2014, according to a bourse filing. During the meeting held on 21 October, the board approved the …

Cash Dividends

14 October 2015 11:21 AM Initial Unaudited Financial Results for the 9-month period ended 30 September 2015

Al Suwadi Power Company SAOG (the “Company”) is pleased to disclose the following initial unaudited financial results for the 9-month period ended 30 September 2015, and a comparison with the same period of the preceding financial year.     …

29 July 2015 07:32 AM Omani power firm H1 profit soars 61.7%

Al Suwadi Power Company’s board meeting on Tuesday approved the unaudited financial statements for the six month period ended 30 June, 2015. The Omani company posted a 61.7% increase to OMR 3.17 million ($8.2 million) in the first half of 2015 as …

Financial Results

28 June 2015 05:49 AM Unclaimed dividends

Al Suwadi Power Company SAOG hereby informs its respected shareholders that Muscat Clearing & Depository Company SAOC (MCDC) has deposited the unclaimed dividends whose cutoff date was 1 December 2014 with Capital Market Authority (investors’ …

18 June 2015 06:47 AM Resignation of member of the Board of Directors

Muscat, 18 June 2015: Al Suwadi Power Company SAOG (the “Company”) advises the Capital Market Authority, the Muscat Securities Market and the investors’ community as follows: Mr. Ryuji Kikuchi, representative of juristic person, Blue Horizon …

18 June 2015 06:11 AM Disclosure

Muscat, 18 June 2015:  Al Suwadi Power Company SAOG (the “Company”) advises the Capital Market Authority, the Muscat Securities Market and the investors’ community of the following: A full page advertisement titled ‘Opportunity’ was published …

15 April 2015 05:56 AM Initial Unaudited Financial Results for the 3-month period ended 31 March 2015

Al Suwadi Power Company SAOG (the “Company”) is pleased to disclose the following initial unaudited financial results for the 3-month period ended 31 March 2015, and a comparison with the same period of the preceding financial year.   …

1 April 2015 05:46 AM Appointment of a new Chief Executive Officer

Muscat, 1 April 2015: The Board of Directors of Al Suwadi Power Company SAOG is pleased to advise the Capital Market Authority, the Muscat Securities Market and the investors’ community about appointment of Mr. Navneet Kasbekar as new Chief …

31 March 2015 05:50 AM Unclaimed dividends

Al Suwadi Power Company SAOG hereby informs its respected shareholders that Muscat Clearing & Depository Company SAOC (MCDC) has deposited the unclaimed dividends whose cutoff date was 25 June 2014 with Capital Market Authority (investors’ …

1 March 2015 06:13 AM Disclosure

Muscat, 1 March 2015: Al Suwadi Power Company SAOG (the “Company”) advises the Capital Market Authority, the Muscat Securities Market and the investors’ community of the following: Mr. Gillian-Alexandre Jeremy Huart has been appointed to replace …

31 December 2014 05:56 AM Appointment of Chairman of the Audit Committee

Muscat, 31 December 2014: The Board of Directors (the “Board”) of Al Suwadi Power Company SAOG (the “Company”) is pleased to advise the Capital Market Authority, the Muscat Securities Market and the investors’ community of the …

11 December 2014 10:25 AM Resolutions of the Extra-Ordinary General Meeting (EGM) and Ordinary General Meeting (OGM)

Muscat, 11 December 2014: Al Suwadi Power Company SAOG (the “Company”) is pleased to advise the Capital Market Authority, the Muscat Securities Market and the investor community that the Extra-Ordinary General Meeting (“EGM”) and Ordinary General …

21 October 2014 10:27 AM Al Sawadi Power Board approves financials, resolutions

In its statement to the Muscat Securities Market (MSM), Al Suwadi Power Company announced that its Board of Directors convened on October 20, 2014.The Board approved the Company’s unaudited financial statements for the nine-month …

Company News

5 August 2014 10:31 AM Suwadi Power CFO resigns, new one appointed

In a statement to the Muscat Securities Market (MSM), the Board of Directors of Al Suwadi Power Company said that its Chief Financial Officer Mr. Cliff Dickinson has resigned as of July 31, 2014.Moreover, the Company’s Board has …

Company News