Bahrain
Kuwait
Oman
Middle East
GDN Online App available on
App Store / Play Store
Gulf Daily News Gulf Daily News
Gulf Daily News Gulf Daily News Gulf Daily News Gulf Daily News Gulf Daily News
Monday, May 25, 2020 ARCHIVES  |  SEARCH  |  POST ADS  |  ADVERTISE  |  SUBSCRIBE   |  LOGIN   |  CONTACT US

Basrec to pay 50pc cash dividend

Bahrain Business
Wed, 25 Mar 2020


MANAMA: Bahrain Ship Repairing and Engineering Company (Basrec) shareholders have approved a cash dividend of 50 per cent of the share capital or 50 fils per share amounting to BD990,000 for the year ended December 2019. The announcement follows the annual general meeting at the Gulf Hotel yesterday where chairman Fawzi Kanoo told shareholders that 2019 was an extraordinary year for Basrec in contrast with market context that is still difficult for the ship repairing industry.

You Might Like