United Wire Factories : announces the distribution of cash dividend for For the period ended 2020 AD and the second half of the year 2021 AD
February 01, 2022
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Explanation
Introduction
United Wire Factories Company (Aslak) announces the decision of the Board of Directors to distribute cash dividends to shareholders for the period ended 2020 AD and the second half of the year 2021 AD
Date of the board's decision
2022-01-31 Corresponding to 1443-06-28
The Total amount distributed
15,795,000 SR
Number of Shares Eligible for Dividends
35,100,000 Shares
Dividend per share
SR 0.45
Percentage of Dividend to the Share Par Value (%)
4.5 %
Eligibility date
- Provided that the eligibility of the shareholders who own the shares by the end of the maturity date is Thursday 10/2/2022 AD and are registered in the company's shareholders register at the Securities Depository Center for trading at the end of the second trading day following the due date.
Distribution Date
Monday 21/2/2022 AD
Additional Information
- The total amount to be distributed is 15,795,000 riyals (fifteen million seven hundred and ninety-five thousand riyals), which is as follows:
a) 695,045 riyals (six hundred and ninety-five thousand and forty-five riyals) representing the balance of retained earnings for distribution until December 31, 2020 AD.
b) 15,099,955 riyals (fifteen million and ninety-nine thousand nine hundred fifty-five riyals) for the second half of the year 2021 AD.
- The company also calls upon its shareholders to promptly update their data and ensure that bank account numbers are linked to the trading portfolios to ensure that their profits are deposited without delay. For inquiries: United Wires Factories Company (Aslak) Tel: -0112655556 Ext.1713
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Disclaimer
ASLAK - United Wire Factories Company JSC published this content on 01 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 February 2022 12:21:03 UTC.
United Wire Factories Co JSC (Aslak) is a Saudi Arabia-based joint stock company that is engaged in the manufactures and marketing products related to construction and building materials sector, such as reinforcement steel bars, concrete welded mesh, block (ladder) mesh, common nails, chain link fence, barbed wires and tie-wires, as well as to the Civil Sector, such as black annealed baling wires, galvanized & polyvinyl chloride (PVC) coated cloth hangers, bed mesh, staples. The Company operates through its head office and a network of eight branches located across the Kingdom of Saudi Arabia. As of February 12, 2013, Mr. Khalid Saed Abdul Rahman Al Kanhal held 9.2%-stake in the Companyâs capital.