Corporate Actions

5 June 2016
Shareholders approved cash dividends of 5% (KWD0.005 per share)

 

28 May 2015
Shareholders approved cash dividends of 5% (KWD0.005 per share)

 

21 October 2014
Shareholders approved write-off of the entire accumulated losses amounting to KWD94.7 million against the paid-up capital (i.e. a reduction ratio of 1: 0.4577)

 

2 September 2012
Shareholders approved write-off of accumulated losses amounting to KWD77.1 million against the paid-up capital (i.e. a reduction ratio of 1: 0.5955) and issuance of 1,222,350,000 new shares at the price of KD0.100 per share (i.e. at par and representing 70% shareholding in Global) to one or more SPV(s).

 

26 March 2008
Shareholders approved cash dividends of 50% (KWD0.050 per share), stock dividends of 10% (10 shares for every 100 shares) and 35% capital increase by issuing 306,666,670 new shares for new strategic shareholders at the price of KWD0.995 per share (KWD0.100 par-value & KWD0.895 premium).

 

14 March 2007
Shareholders approved cash dividends of 50% (KWD0.050 per share) and stock dividends of 20% (20 shares for every 100 shares).

 

21 March 2006
Shareholders approved cash dividends of 70% (KWD0.070 per share), stock dividends of 100% (100 shares for every 100 shares) and 50% rights issue at the price of KWD0.600 per share (KWD0.100 par-value & KWD0.500 premium).

 

14 March 2005
Shareholders approved cash dividends of 70% (KWD0.070 per share), stock dividends of 10% (10 shares for every 100 shares) and 20% rights issue at the price of KWD0.600 per share (KWD0.100 par-value & KWD0.500 premium).

 

24 February 2004
Shareholders approved cash dividends of 30% (KWD0.030 per share) and stock dividends of 30% (30 shares for every 100 shares).

 

23 February 2003
Shareholders approved cash dividends of 10% (KWD0.010 per share)

 

19 February 2002
Shareholders approved cash dividends of 8% (KWD0.008 per share)

 

28 March 2001
Shareholders approved cash dividends of 7% (KWD0.007 per share)

 

03 April 2000
Shareholders approved cash dividends of 7% (KWD0.007 per share)