Munawla Cargo Co. announces the board of director’s decision to distribute cash dividends for for the first half of the fiscal year 2025
| Element List | Explanation |
|---|---|
| Introduction | Munawla Cargo Co. announces the Board of Directors’ decision to distribute cash dividends to shareholders for the first half of the fiscal year 2025 |
| Date of the board’s decision | 2025-09-04 Corresponding to 1447-03-12 |
| The Total amount distributed | 1,500,000 |
| Number of Shares Eligible for Dividends | 2,000,000 |
| Dividend per share | 0.75 |
| Percentage of Dividend to the Share Par Value (%) | 7.5 |
| Eligibility date | 2025-09-18 Corresponding to 1447-03-26 |
| Distribution Date | 2025-09-28 Corresponding to 1447-04-06 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | N/A |
| Additional Information | Eligibility for dividends is for shareholders who own the company’s shares at the end of trading on Thursday 26-30-1447 AH corresponding to 18-09-2025 AD and who are registered with Edaa Center at the end of the second trading day following the eligibility date.
The company would like to announce to its esteemed shareholders that the dividends will begin to be disbursed by transferring them to the accounts linked to the eligible shareholders’ portfolios as of Sunday 06-04-1447 AH corresponding to 28-09-2025 AD through the payment agent - Edaa Center.If the deposit in the account fails, any shareholder can contact - Edaa Center or communicate with the company via email. [email protected] Or contact: 966138341655 We also draw the attention of non-resident foreign investors to the fact that cash distributions that are transferred through a resident financial intermediary are subject, when transferred or recorded, to a withholding tax of 5% in accordance with the provisions of Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations. The company calls on its valued shareholders to update their data and ensure that bank account numbers are linked to the investment portfolios to ensure that their profits are deposited without delay. If you have any inquiries, please contact Investor Relations via email: [email protected] |
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