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APIC recommends distributing 7.14% stocks dividends and 7.14% cash dividends for the year 2017

2018-03-25

The board of directors BOD of the Arab Palestinian Investment Company APIC raised a recommendation to the general assembly GA, which will be holding an ordinary and extraordinary meetings on 15/05/2018, to raise the authorized capital from $70.00 million to $100.00 million and in case of approval, raising the paid-up capital to $75.00 million through distributing 7.14% stocks dividends for its shareholders. The BOD also recommended distributing 7.14% cash dividends for the year 2017.