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Gulf Hotels approve 30 % cash dividend

Gulf Hotels approve 30 % cash dividend
Photo credit: Arabianeye - Reuters
Gulf Hotels
GHOS
0.00% 3.46 0.00

Mubasher: Gulf Hotels Oman’s board members agreed on giving shareholders a cash dividend of 30% of the company’s capital (about Baisa 300 per share), based on the audited financial statements for  the January-June period.

The company, listed in Muscat Securities Market, announced today in a statement that shareholders elected Zahir bin Ali bin Juma Al-Hashar as a non-executive and non-shareholder member in the company’s board.

The meeting was held yesterday, November 8, with a complete quorum at Crown Plaza Hotel, Muscat.