The Ordinary General Assembly of OTC 1025 Arabic Digital Holding Company, held on the 8th of this month, approved the Board of Directors’ recommendation regarding the distribution of cash dividends of 30 % of the nominal value of share, amounting to 30 fills in cash, for the financial year ending on December 31, 2023, to the shareholders registered in its books.
Vice Chairman of the Board of Directors and CEO of the company, Fahd Al-Dosari, confirmed that the cash distributions approved by the General Assembly for the benefit of shareholders, are estimated to be KD 6.135 million, according to each of their ownership in the company’s capital.
OTC 1025 joined the OTC to be traded as hybrid deals at the end of 2023.