Manama, April 6 -- The shareholders of GFH Financial Group, which held its Annual (AGM) and Extraordinary General Meeting (EGM), held virtually,, approved the payment of total dividend of US$42million for the financial year ended 31st December 2020.
The AGM saw shareholders approve the Board of Directors' recommendation for the distribution of a total dividend of US$42million. This included cash profits for all ordinary shares, save for treasury shares, at 1.86% of the nominal value of the share (equal to US$0.0049, BD0.001859, UAE dirham 0.0181) totaling US$17 million and bonus shares for all ordinary shares at 2.56% of the nominal value of the share (one share for each 39.03 shares owned) equivalent to US$25 million. Also approved was th...