Nass Corp to pay 15% cash dividends

Nass Corporation, one of Bahrain's leading industrial and commercial organisations with operations across the Gulf, said its shareholders will receive 15 per cent cash dividends of paid up capital amounting to BD3.226 million ($11.2 million). The announcement was made during the company’s annual ordinary general meeting held at Sheraton Bahrain Hotel on Tuesday. Addressing the investors, Nass Corporation chairman Abdulla Ahmed Nass said the company will pay a cash dividend of 15 per cent of paid up capital on its 215 million shares (excluding the treasury shares of 4.92 million) held by the shareholders whose name appear in the Register of Members of the company on the record date. He later thanked all the shareholders on behalf of the company management and employees for their continued support and confidence in the company. TradeArabia News