MANAMA: Bahrain Cinema Company (Cineco), market leaders in the entertainment industry in the kingdom, has approved the distribution of a cash dividend of 50 per cent of the paid-up capital, the equivalent of 50 fils per share proposed by the board following the approval of the Central Bank of Bahrain.
The announcement was made during the annual general meeting (AGM) held yesterday at Cinema 1 in the Cineco Cineplex located within Oasis Mall Juffair. The meeting was presided over by chairman Dr Esam Abdulla Fakhro and attended by other board members, the executive management team and shareholders.
During the meeting, shareholders approved the minutes of the AGM held last year and also approved the results for the financial year ended December 31.
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