Red Sea to withhold dividend for FY17

12/03/2018 Argaam

 

Red Sea International Co.’s board of directors recommended on Monday withholding cash dividend for fiscal year 2017.

 

The decision aims to support the company’s financial position, Red Sea said in a bourse statement.

 

The recommendation is pending approval of the general assembly.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read