Board of directors meeting
Aamal Board Suggests 20% dividends
Aamal Company Q.S.C audited financial results for the year 2007 was announced following the Board of Directors meeting that was held on 5th of March 2007 showing an outstanding performance reflected in the increase in net profit by 93% to reach QR825 million and an increase in total equity by 93% to reach QR 2,39 revealing the strong financial position of the company.
The Board of Directors suggested to the Ordinary General Assembly to distribute cash dividends of 10% (QR1 for each share) in addition to bonus shares of 10% of the company’s capital (one share for each 10 shares) benefiting the shareholders and showing the company’s capabilities considering that it was only listed in Doha Securities Market end of 2007 with a paid up capital of QR3.45 billion.
The scheduled Ordinary and Extra-Ordinary General Assembly is scheduled to take place on Monday 31st of March200, 5pm, at the RYDGES PLAZA Hotel, Al Bida Hall.