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Padico to distribute 10% Dividends to Shareholders

2007-03-28
The Palestinian Development and Investment Company’s Board of Directors met yesterday in Amman , and recommended to pay 10% cash dividends (25 million dollars) to its shareholders for 2006. Mr. Munib Al Masri, President of Padico BOD announced that the financial statement of the company showed 47.2 million dollars as net profits for 2006, and said that the annual general meeting will be held on the 28^th of April, 2007.