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     Distribution of Cash Dividend for the year 2010

    Apr 11, 2011 08:51 AM
    We are pleased to advise all our shareholders that the company has authorized Muscat Clearing and Depository Company (SAOC), to distribute the cash dividend of 5% of the paid up capital (5 Baisa per share) on behalf of the company.
    This has been done due to the fact that Muscat Clearing and Depository Company (SAOC) is the official authority which maintains the records of the shareholders of the company and their bank account numbers. In order to accelerate the transfer of dividend to the beneficiaries, MCDC Shall transfer the dividend to the accounts of the shareholders as detailed below:
    • Cash Dividend will be transferred by MCDC within the period stipulated by Capital market Authority to the bank accounts of shareholders where such details are on record.
    • In the absence of bank account details cheques would be sent to the shareholders by registered mail on their addresses registered with the Muscat Clearing and Depository Company (SAOC).