GASCO set to vote on dividend, bonuses on March 30

03/03/2016 Argaam

National Gas & Industrialization Co. (GASCO) shareholders are set to approve a cash dividend of SAR 1.40 per share for the fiscal year 2015, when the company holds its general assembly meeting on March 30.

 

Shareholders will also decide whether to pay SAR 1.8 in bonuses to board members for FY15, the company said in a statement to the Saudi bourse, Tadawul on Thursday.

 

Auditor and financial statements for FY15, as well as the board’s report, will be up for approval.

 

Shareholders will also discharge board members from liability for FY15, and will appoint a new auditor for fiscal year 2016.

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