Apr 20 2011 |
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Barwa signs agreement with QNB to distribute dividends cheques to Barwa shareholders
Doha, Qatar: Barwa Real Estate , one of the leading real estate and investment organizations in Qatar, announced that it has inked an agreement with QNB - Shareholders Unit. By virtue of this agreement, QNB shall distribute, via cheques or bank transfers, cash dividends on Barwa shareholders as registered with Qatar Exchange at end of trading session dated 04.04.2011. QNB shall directly deposit cash dividends into shareholders accounts that are registered with QNB or desirous to register through filling the direct deposit form available in all QNB branches or through issuing cash dividends cheques and sending it via registered post to shareholders post boxes as recorded in Qatar Exchange starting from 28/4/2011. In case a shareholder does not receive his cheque within one month, it can enquire with QNB , Shareholders Unit, Grand Hamad Street. Then, QNB shall process a new cheque for the relevant shareholder. In addition, shareholders holding less than 100 shares should directly visit QNB Shareholders Unit to receive their cheques.It is worth mentioning that Barwa AGM&EGM held on 05.04.2011 has approved a distribution of 10% cash dividends equaling one Qatari Riyal per share totaling QAR 389.1 million of 2010 profits.
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BARWA is one of Qatar's leading real estate and investment companies, established in 2005 with the mission of contributing to the sustainable growth of Qatar by investing in businesses, services and expertise. With business interests in real-estate, infrastructure, business services and financial services, BARWA 's drive and determination comes from working in tandem with the Qatari Government's overarching development plan, the Qatar Vision 2030, which stresses human, social, economic and environmental development.
BARWA aims to be one of the most successful real estate and investment companies in the world, with a home in Qatar and a business operating around the globe.
www.barwa.com.qa
For further information, kindly contact:
Kamal Nasrallah-Asdaa Burson Marsteller
Tel: +97466562779
Email: k.nasrallah@asdaa.com
© Press Release 2011
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