Mubasher: Port Services Corporation will hold its ordinary general meeting on 23 March to discuss the distribution of cash dividends for the fiscal year 2015, according to a bourse filing.

The company’s board has recommended payment of 20% cash dividends or 20 baisa per share, with a total value of OMR 1.9 million out of a capital worth OMR 9.504 million.

Port Services stock jumped 9.45% to settle at OMR 0.139 during Wednesday’s early trading at Muscat Securities Market, after about 483,500 shares were exchanged at about OMR 67,200.