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08/04/2014 16:02 AST
The company has authorized Muscat Clearing and Depository Co.SAOC (MCD) to distribute the cash dividend of 20% ( RO .020 per share) on behalf of the company for the year ended 31st Dec 2013.
This has been done due to the fact that Muscat Clearing and Depository Co.SAOC ( MCD) is the official authority which maintains the records of the shareholders of the company and their bank account numbers. In order to accelerate the transfer of dividend to the beneficiaries, Muscat Clearing and Depository Co.SAOC (MCD) shall transfer the dividend to the accounts of the shareholders as detailed below:
Cash Dividend will be transferred by Muscat Clearing and Depository Co.SAOC (MCD) to the bank accounts of shareholders where such details are on record.
In the absence of bank account details cheques would be sent to the shareholders by registered mail on their addresses registered with the Muscat Clearing and Depository Co. SAOC (MCD).
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