Northern Cement authorizes board to pay interim dividend for 2021

Northern Region Cement Co.'s shareholders approved authorizing the board of directors to pay interim dividend on a semi-annual or quarterly basis for 2021, during the ordinary general meeting (OGM), held on May 5, 2021, according to a bourse filing.

Shareholders also approved the business contracts, which will be concluded between the company and GSTC Co., at an expected value of SAR 12.6 million. Also, the business contracts, which will be sealed with SAPAC Co., at an expected value of SAR 6 million, the statement added.