Initial Unaudited Financial Results for the 9 month period ended 30 September 2019
October 14, 2019Unclaimed Dividends
January 6, 2020Company News
2019-10-24
Board of Directors Resolutions
Date: 23rd October 2019
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 23 October 2019:
- Approval of unaudited financial statements for the nine months period ended 30 September 2019 together with the Board of Directors’ Report.
- Approval of the distribution of cash dividend of 3.80% (Baizas 3.80 per share) out of the retained earnings as per the audited financial statements for the financial year ended 31 December 2018 to the shareholders of the Company who are registered in the Company’s shareholders’ register with the Muscat Clearing & Depository Company SAOC as on 2 December 2019.
- Approval of the appointment of Mr Preetam Saraf, CFO, as the Company’s Investor Relationship Officer.
Charles Paul Dexter
Chairperson