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AMIC’s shareholders okay cash dividends

AMIC’s shareholders okay cash dividends

ArabFinance:  Arab Moltaqa Investment Company (AMIC) (AMIA) ordinary general assembly approved distributing cash dividends of EGP 60 million to shareholders for the year 2019.

On March 23rd, Arab Moltaqa’s ordinary general assembly approved the financial results and appropriation account for 2019.

On the same day, the extraordinary general assembly ratified prolonging the company's period to another 25 years starting by the end of the last period. It also ratified amending articles no 4, 5 and 22 of the company's statute.

AMIC is an Egyptian joint stock company, established under Law No. 230 of 1989, its shares have been trading on the Egyptian Exchange under the symbol AMIA.CA since 1995.

AMIC invests in a diversified range of economic sectors covering a broad spectrum including industrial and agricultural investments, land reclamation and cultivation, livestock development, fisheries, real estate investments and tourism with Total Assets of more than EGP 1.9 Billion spanning over a wide range of industries including poultry, pharmaceutical and health care, industrial, agriculture, financial, real estate, and commercial.

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