Omantel

Omantel to distribute interim dividend of 40% to shareholders

: Saturday, August 16 - 2014 @ 00:15

The board of directors of Oman Telecommunications Company (Omantel) has agreed to distribute an interim dividend of 40% to the shareholders, Times of Oman of reported. The board also approved the company’s financial results for the period ended June 2014 that showed an increase in the net profit by 9% to OR66m. The decision was taken at the company’s board meeting Wednesday. The interim distribution of 40% from the paid capital will be paid to Omantel registered shareholders by the end of trading hours of August 31, 2014.

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Saturday, August 16- 2014 @ 0:15 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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