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QIC, 40pc cash dividend

  • Qatar: Wednesday, December 29 - 2004 at 11:12

Qatar Insurance Company's board of directors has recommended a 40 per cent cash dividend of QR4 per share for 2004. The meeting also recommended bonus shares at the rate of three shares for each ten shares held, and a 25 per cent capital increase by offering 5,662,800 additional shares for public subscription at Doha Securities Market with priority given to shareholders.

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