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Three KSE firms to review proposals Weds.

Three KSE firms to review proposals Weds.
Photo Credit: Arabianeye-Reuters
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Investors of three companies listed on the Kuwait Stock Exchange (KSE) are awaiting main events on Wednesday, as the ordinary general meeting (OGM) of National Ranges (Mayadeen) will consider the board’s recommendation to halt dividend payment for the fiscal year 2014.

Boubyan Petrochemical’s OGM will review the board’s proposal to pay 40% cash dividends, and distribute 5% bonus shares for the fiscal year 2014.

KGL Logistics’ OGM will discuss the distribution of 5% cash dividends or 5 fils a share, and will elect new board members for the coming three years.