United Power to pay 10% cash dividend to investors

23/10/2012 09:28 AST

United Power Company has decided to distribute 10 per cent cash dividend (100 baisas per share) to the shareholders registered in the company's shareholders register at the end of trading day of November 15. It was also decided to reduce the initial capital of (RO34,869,400) by 10 per cent.

After this reduction and the previous capital reductions, the revised issued capital of the company will be RO8,717,365.

The reduction in capital will apply to shareholders registered in the company's shareholders register at the end of trading day of December 1, subject to completion of legal formalities.


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