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Americana to consider delisting early June

Americana to consider delisting early June
Photo Credit: Arabianeye-Reuters
Americana
FOOD`R
0.00% 1,261.00 0.00

Kuwait – Mubasher: Kuwait Food – Americana will hold its ordinary general meeting (OGM) on 5 June to discuss an optional withdrawal from Boursa Kuwait, as well as distributing cash dividends for fiscal year 2016.

The company will pay 615% of capital or 615 fils per share as cash dividends for FY16, according to a bourse statement issued on Tuesday.

Americana will also overview the resignation of the board members.

At the stock level, Americana on Tuesday gained 1.63% to reach KWD 2.500 by 11:40 am Kuwait time.