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The sewing company decides to distribute cash dividends of 49%
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Economy News - Baghdad
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Added 09/24/2023 - 11:51 AM
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Economy News - Baghdad
Today, Sunday, the sewing company decided to distribute cash dividends of 49% during the general assembly meeting.
The head of the Iraqi Stock Exchange Investors Association, Alaa Al-Moussawi, told Al-Eqtisad News, “The General Assembly held its meeting today, Sunday, 9/24/2023, at the company’s headquarters in Baghdad.
He added, "The meeting included, at first, we objected to depositing an amount worth 2 billion and 569 million dinars in Zain Iraq Bank without collecting any profits on the amount. The Chairman of the Board of Directors promised to withdraw the amount and deposit it in another bank. The Board of Directors' report, the auditor's report, and the final accounts were also discussed." For the year 2022 and approved unanimously.
He pointed out that the General Assembly decided by majority to distribute cash dividends at a rate of 49% of the capital.
He confirmed that the Chairman and members of the Board of Directors were discharged and rewarded, noting that “a new Board of Directors was elected, consisting of 5 original members and a similar reserve.”
He pointed out that the General Assembly decided by majority to distribute cash dividends at a rate of 49% of the capital.
He confirmed that the Chairman and members of the Board of Directors were discharged and rewarded, noting that “a new Board of Directors was elected, consisting of 5 original members and a similar reserve.”
Views 40
Added 09/24/2023 - 11:51 AM
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