During Aleid Foods’ Annual General Meeting (AGM) held today, shareholders approved the distribution of cash dividend of 5% of the nominal share price in addition to 20% bonus shares for the fiscal year ended December 31, 2020. Dividend will be distributed to shareholders registered in the Company’s register.
The AGM also approved the Board’s proposal to deduct 10% of earnings and place it in its voluntary reserve, in addition to another 10% in its statutory reserve.
