Iron Island decided to distribute cash profitsVisits : 21

Iron Island decided to distribute cash profits

Al-Jazirah Steel Products Company (ATMI), listed on the Muscat Stock Exchange, decided to distribute the cash dividends, due to its shareholders on March 26.

The company said in a statement to the stock exchange, today, Wednesday, that the cash dividends will be distributed as proposed by the general agenda of its outstanding shares of 5 Bz per share, representing 5 percent of its paid-up capital.

The decision came from the company’s board of directors despite the suspension of the general meeting, without the shareholders ’approval, after a decision by the Omani Capital Market Authority.

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