Initial Unaudited Financial Results for the 3 month period ended 31 March 2017
April 13, 2017Resignation of a member of the Board of Directors
May 15, 2017Company News
2017-04-26
Board of Directors resolutions’ disclosure
The Board of Directors of Al Suwadi Power Company SAOG (the “Company”) advises the Capital Market Authority, the Muscat Securities Market and the investors’ community that it has resolved the following at the meeting of the Board of Directors held on 26 April 2017:
1. Approval of unaudited financial statements for the three months period ended 31 March 2017 together with the Board of Directors’ Report.
2. Approval of the distribution of cash dividend of 3.80% of the paid up share capital of the Company (i.e., Baizas 3.80 per share) out of the retained earnings as per the audited financial statements for the financial year ended 31 December 2016 to the shareholders of the Company who are registered in the Company’s shareholders’ register with the Muscat Clearing & Depository Company SAOC as on 11 June 2017.