Halwani shareholders to vote on paying 20% dividend for 2021 on April 19

Halwani Bros. Co.’s shareholders will vote on the board of directors' recommendation to pay 20% cash dividend, or SAR 2 per share, for 2021, during an extraordinary general assembly meeting, to be held on April 19, the company said in a bourse filing today.

Shareholders will also vote on appointing an auditor and setting fees. The auditor will review financial statements for Q2, Q3 and FY 20211, as well as Q1 FY 2023.

They will authorize the board of directors to distribute interim dividend on a biannual/quarterly basis for 2022.