Published: Sep 02, 2014
Source: MSM


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Gulf Hotels(Oman) - Recommendation of Interim cash dividend and appointment of Disclosure Officer

This is to inform you that the Board of Directors of Gulf Hotels (Oman) met on 2nd September 2014 and approved the audited financial statements of the company for the six months period ended 30th June 2014. The audited financial statements are consistent with the unaudited financial statements disclosed by the company on 7th August 2014.

The Board of Directors have also decided:  

1)To recommend an interim cash dividend of 35 % on paid up share capital of the company (amounting to Baizas 350 per share) for the six months period ended 30th June 2014 subject to its approval by forthcoming Ordinary General Meeting of Shareholders.

2)To appoint Mr. Yogish Mallya as Disclosure Officer of the company. Mr. Yogish Mallya is in employment of the company since February 2001 and has 23 years of experience in finance, audit, company law, taxation and statutory compliance matters.


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