Mubasher: Majan Glass said its board of directors recommended  cash dividends for FY15 at 10% of paid-in capital, or OMR 420.230 (10 baisas per share).

 The upcoming general ordinary meeting, to be held on 20 March 2016, will discuss the board's recommendation, the company said in a bourse statement.

The company's losses after tax for  2015 were OMR 1.61 million, compared with OMR 65.020 in 2014.

The company operates with paid-in capital of OMR4.2 million.