Kuwait – Mubasher: The shareholders meeting of Mezzan Holding Company approved the recommendation of distributing 28 fils or 28% of the par value of shares as cash dividends for 2016, totalling KWD 8.71 million.

Mezzan’s capital amounts to KWD 31.1 million, distributed over 311.33 million shares with a par value of 100 fils.

The company’s profits stood at KWD 17.2 million in 2016, same as profits in 2015, after excluding non-recurring profits of KWD 2.2 million.

The company’s stock settled at KWD 1.02 in Monday’s trading, achieving liquidity of KWD 185,300 by trading 181,700 shares.