Doha – Mubasher: Industries Qatar (IQ) said its ordinary and extraordinary general meetings will be held on Tuesday, 28 February, to discuss 40% cash dividends, or QAR 4, for 2016, according to a statement.

The meetings will be held on Wednesday, 1 March, in case of incomplete quorum.

The shareholders will also approve the company’s financial statements for the financial year which ended on 31 December 2016.

The company’s stock stabilised at QAR 118 by 11:10am Qatar time, generating QAR 2.5 million from the exchange of 21,600 shares.