News Column

SABIC shareholders to discuss SAR 3/shr dividend April 13

February 24, 2014

Saudi Basic Industries Corp. (SABIC) announced that an extraordinary

general meeting will be held on April 13, 5:00 p.m., at Riyadh-based


Shareholders will look into agenda items, mainly ratifying the board and

auditors' reports, as well as financial statements for FY13.

Board members will be discharged from liability for the same FY.

The meeting will also discuss the board's proposal for paying cash dividend

for H2-13 at SAR 3 per share, or 30% of stock par value.

Shareholders of record till the close of trading on the meeting date will be

entitled to this dividend.;

All Rights Reserved - Mubasher Info

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Source: Mubasher (Saudi Arabic)

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