The General Assembly of Siniora Food Industries ratified dividends distribution to shareholders
AMMAN, Jordan, June 4, 2020 -- Siniora Food Industries held its ordinary general assembly on Wednesday, June 3, 2020, via the Zoom video conferencing platform. The general assembly, which was chaired by Siniora Chairman Tarek Omar Aggad, ratified a dividend distribution of 18% of the company's paid-in capital for the year ending December 31, 2020 for registered shareholders as at June 2, 2020; 10% in cash amounting to JOD 2.5 million (USD 3.53 million) and 8% as two million in bonus shares. Accordingly, the company's paid-in capital will reach JD 27 million (USD 38.08 million) following the bonus share distribution.
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