The Board of Directors of Contracting & Marine Services Company announced the commencement of the cash dividend distribution, as approved by the shareholders during the company’s Ordinary General Assembly held on May 19, 2025. The dividends amount to 5% of the share’s nominal value (equivalent to 5 fils per share) for the fiscal year ended December 31, 2024, and will be distributed starting Wednesday, June 18, 2025, to shareholders registered in the company’s records as of the date of the General Assembly.

The Board clarified that eligible shareholders who are registered in the electronic transfer system for dividend distribution will have their dividends directly deposited into their accounts at local or foreign bank branches operating in Kuwait.

As for eligible shareholders not registered in the electronic transfer system, the Board urged them to subscribe to the service through their respective banks or online banking platforms to ensure timely receipt of dividends.

For remaining eligible shareholders who are unable to register for the electronic transfer service, the Kuwait Clearing Company will handle the dividend distribution in accordance with its applicable rules and procedures.