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Alafco board plans 5% cash dividends, bonus shares
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ALAFCO
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18/Nov/2008
Arab Times
General Meeting of the Aviation Leasing and Financing Company (ALAFCO) will be held on Dec 17 at 10 am in the Chamber of Commerce and Industry of Kuwait, to discuss the recommendation made by the Board of Directors for the financial year ending Sept 30, 2008.
The board recommended distribution of cash dividends of 5 percent of the nominal value of shares (5 Kuwaiti Fils per share) and bonus shares by 5 percent of the paid-up capital (5 shares for every 100 shares) to shareholders registered in the company records.
The company will also discuss other items on the agenda. Note that this recommendation is subject to approval by the General Assembly and the competent authorities.
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Profile: Alafco Aviation Lease And Finance Co. (ALAFCO ) |
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