28 April 2008
KUWAIT CITY : Al-Qurain Petrochemical Industries met on April 24 and adopted the financial statements Progress of the company for the three months ending March 31, 2008. The company earned a profit of KD 8,532,158 with EPS valued at 7.76 Kuwaiti fils for the three months ending March 31, 2008 compared to a profit of KD 9,841,489 with EPS valued at 8.95 Kuwaiti fils for the three months ending March 31, 2007. The net profit includes unverified losses of KD 2,365,738 and unrealized revenue worth KD 246,000.
Kuwait Stock Exchange (KSE) announces that the general assembly meeting of Combined Group Contracting Company will be held on May 13, 2008 at 10.30 am at the headquarters of the company to discuss the recommendation of the Board for the financial year ending Dec 31, 2007 for the distribution of cash dividends at 75 percent of the nominal value per share (75 Kuwaiti fils per share) and bonus shares at 10 percent of the paid-up capital (10 shares for every 100 shares). Note that this recommendation is subject to approval by the General Assembly and the competent authorities. The Council will also discuss other items on the agenda.
The general assembly meeting of the Vending Network Company was convened on April 27 and approved the recommendation of the council for the distribution of cash dividends at 30 percent of the paid up capital (30 shares for every 100 shares) for the financial year ending Dec 31, 2007. The company's shares will be issued from April 28.
The general assembly meeting of the Al-Madar Finance and Investment Company was convened on April 27 and approved the recommendation of the council for the distribution of cash dividends at 10 percent of the nominal value per share (10 fils per share) and the distribution of bonus shares at 10 percent of the paid-up capital (10 shares for every 100 shares) for the financial year ending Dec 31, 2007. The company's shares will be issued from April 28, 2008.
Kuwait Packaging Materials Manufacturing Company reported had met on April 27 and approved the recommendation of the administration for the distribution of cash dividends at 30 percent of the nominal value per share (30 fils per share) and bonus shares rate (10 percent) of the paid-up capital (10 shares for every 100 shares) for the financial year ending Dec 31, 2007. The company's shares will be issued from April 28, 2008.
KUWAIT CITY : Al-Qurain Petrochemical Industries met on April 24 and adopted the financial statements Progress of the company for the three months ending March 31, 2008. The company earned a profit of KD 8,532,158 with EPS valued at 7.76 Kuwaiti fils for the three months ending March 31, 2008 compared to a profit of KD 9,841,489 with EPS valued at 8.95 Kuwaiti fils for the three months ending March 31, 2007. The net profit includes unverified losses of KD 2,365,738 and unrealized revenue worth KD 246,000.
Kuwait Stock Exchange (KSE) announces that the general assembly meeting of Combined Group Contracting Company will be held on May 13, 2008 at 10.30 am at the headquarters of the company to discuss the recommendation of the Board for the financial year ending Dec 31, 2007 for the distribution of cash dividends at 75 percent of the nominal value per share (75 Kuwaiti fils per share) and bonus shares at 10 percent of the paid-up capital (10 shares for every 100 shares). Note that this recommendation is subject to approval by the General Assembly and the competent authorities. The Council will also discuss other items on the agenda.
The general assembly meeting of the Vending Network Company was convened on April 27 and approved the recommendation of the council for the distribution of cash dividends at 30 percent of the paid up capital (30 shares for every 100 shares) for the financial year ending Dec 31, 2007. The company's shares will be issued from April 28.
The general assembly meeting of the Al-Madar Finance and Investment Company was convened on April 27 and approved the recommendation of the council for the distribution of cash dividends at 10 percent of the nominal value per share (10 fils per share) and the distribution of bonus shares at 10 percent of the paid-up capital (10 shares for every 100 shares) for the financial year ending Dec 31, 2007. The company's shares will be issued from April 28, 2008.
Kuwait Packaging Materials Manufacturing Company reported had met on April 27 and approved the recommendation of the administration for the distribution of cash dividends at 30 percent of the nominal value per share (30 fils per share) and bonus shares rate (10 percent) of the paid-up capital (10 shares for every 100 shares) for the financial year ending Dec 31, 2007. The company's shares will be issued from April 28, 2008.
© Arab Times 2008
