Cairo Educational Services’ OGM nods to cash dividend payment
Updated 12/8/2021 3:07:08 PM
ArabFinance: The ordinary general meeting (OGM) of Cairo Educational Services (CAED) has approved the board of directors’ proposal to distribute cash dividend worth EGP 1 per share for the year ended August 31st, 2021, according to a statement filed to the Egyptian Exchange (EGX).
The dividends shall be paid within a month from the date of holding the OGM.
Moreover, the OGM agreed on the signing of netting contracts with the International Company for Educational Systems to manage private schools.
Cairo Educational Services is an Egypt-based company that focuses on the establishment, management, and operation of private elementary and secondary schools in Egypt.
