The proposal of Emaar Real Estate Board approved the annual general assembly, which required the distribution of dividends to shareholders, amounting to approximately 1.07 billion dirhams, equivalent to 15% of the capital, at a rate of 15 UAE fils per share.
The company's Board of Directors approved the consolidated financial statements for the fiscal year ending on December 31, 2018.
According to a statement issued by the company, the date of Monday, April 22, 2019 has been determined as the date of the annual general assembly, and he requested the approval of the Securities and Commodities Authority on the agenda of the association.
Within the same context, Emaar Development was listed on the Dubai Financial Market, followed Emaar Properties and announced that its board of directors had presented a proposal to the annual general assembly distributing dividends to shareholders of 1.04 billion dirhams, equivalent to 26% of the capital, at 26 fils per share.
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