Al khaliji Ordinary General Meeting Approves
Distributing Dividend of QR 0.75 Per Share
The EGM approved amending item 11 of the bank’s
Articles of Association
February 20, 2017
Al Khalij Commercial Bank (al khaliji) ordinary general assembly meeting
held on February 20, 2017
approved the board's proposal to distribute
a cash dividend equal to 7.5 percent of the
bank's paid-up capital or QR 0.75 per share
for the financial year ending on 31st
December 2016. The meeting also approved
items of the agenda.
At the extraordinary general meeting (EGM) held on the same date
and place, the shareholders approved the
amended Articles of Association of the
Company (AoA) in order to comply with Qatar
Central Bank's regulations limiting the
ownership of a single shareholder at 5
percent of the capital of a listed financial
institution.