Mubasher: Oman National Engineering and Investment Co. (ONEIC) will hold its shareholders’ meeting on 23 March to discuss a capital increase and cash dividends for the fiscal year 2015, according to a bourse filing on Monday.

During the ordinary general meeting, shareholders will discuss 9% cash dividends or 9 baisa per share for FY15, totalling OMR 810,000.

Shareholders will also consider distributing 11.11% bonus shares.

The bonus share will be distributed if company's issued capital is increased from 90 million shares to 100 million shares.

The extraordinary general meeting will discuss the proposal of increasing the company’s authorized capital from OMR 12 million to OMR 15 million.