Oman Refreshment Company shareholders approve 100% cash dividend & 66.66667% stock dividend Date Posted : Tuesday, March 29, 2011 Source : ORC The shareholders of Oman Refreshment Company SAOG at the Extraordinary General Meeting and Annual General Meetings held at Al Falaj Hotel on 29th March 2011 have approved the following for the financial year ended on 31st December 2010: 1. To change the nominal value of share from RO 1 to 100 baizas each and to split the paid up share of RO 1 each into 10 shares of 100 baizas each; 2. Stock dividend at the rate of 66.66667% i.e. 2 free bonus shares for every 3 shares held by the shareholders; 3. Cash dividend at the rate of 100% of the face value of paid up share capital.
AGM of Oman Refreshment Company Approved 70% cash dividend Date Posted : Wednesday, March 24, 2010 Source : ORC The annual General Meeting of the Oman Refreshment Co SAOG which was held at Falaj Hotel on 23/3/2010 has approved distribution of cash dividend to the shareholders at 70% from the Paid up Share Capital, equivalent to Baiza 700 per share. Also, the AGM approved the election of new Director, Mr. Mohamed Abdul Aziz Ali Abdalla Al Owais to fill the vacant seat and to continue the remaining period of the Board without opposition.
AGM of Oman Refreshment Company Approved 50% cash dividend Date Posted : Monday, March 30, 2009 Source : ORC The Extra ordinary General Meeting and Annual General Meeting of Oman Refreshment Company (SAOG) held on Tuesday, 24th March 2009 at Al Falaj Hotel. The meeting was chaired by Sheikh Ahmed Bin Omeir Al Hinai and approved the following resolutions. EGM: The amendment of Article of Association of the (25/b) reducing the number of Board of Directors from Nine to Seven has been approved. AGM: The AGM unanimously approved the distribution of cash dividend of 50% of the paid up capital (equivalent to 500 Baiza per Share) and approved the company's audited Financials ended 31st Dec,2008.
ORC AGM Meeting Date Posted : Sunday, March 30, 2008 Source : ORC The Annual General Meeting of Oman Refreshment Company held on 23rd March 2008, at Grand Hyatt Hotel, Muscat, has unanimously approved the distribution of Cash dividend of 40% (400 Bzs per share) and Stock dividend of 20% (issue of Bonus shares at the rate of 1 share for every 5 shares held) to the ORC Shareholders which resulted in increasing the Company's Shares from 2.5 Million Shares to 3.0 Million Shares

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