Barwa's AGM Approves Its Agenda,   Distribution of 25% Cash Dividend

March 06, 2017

Barwa Real Estate Company held its Annual Ordinary General Assembly Meeting Sunday afternoon at 4:00 P.M in Salwa Hall- Sheraton Hotel- Doha, after attaining the required quorum with an attendance percentage of (67.28%). The meeting discussed and approved all the items listed on the agenda, including the Board of Directors’ Report on company’s activities and its financial position for the year ended 31/12/2016 and future plans for the year 2017, Auditors’ report and Sharia Supervisory Board report, in addition to approving the financial results for the fiscal year ended 31/12/2016. Moreover, the General Assembly meeting   appointed the Auditors for the fiscal year 2017 and endorsed the recommendation of the BOD to distribute cash dividends of 25%, equivalent to QAR 2.50 per share.