Oman National Engineering and Investment’s (ONEIC) shareholders agreed on paying 9% cash dividends of the capital or 9 baisa per share for the fiscal year 2015, with an overall value of OMR 9 million, according to a bourse statement.

The company’s annual meeting approved the increase of the issued capital by offering 11.11% bonus shares to shareholders or a share per each 90. Thus, the issued capital’s shares will grow to 100 million from 90 million.

ONEIC’s extraordinary general meeting agreed on the board’s proposal of raising the authorized capital to OMR 15 million from OMR 12 million.