Disclosure of material information and cash dividend distribution for 2008
Date Posted
: 26/02/2009
Source
: MSM
We would like to inform you that the Board of Directors of Raysut cement company (SAOG) held the first meeting in this year on 26th. February 2009 and has approved the audited financial statements for the year ended 31st.December 2008 , and proposed a cash dividend distribution of 100% of the paid up capital for the financial year ended 31st.December 2008.( last year 100% of the paid up capital) This proposal is subject to the approval of the of shareholders in the Annual General Meeting which will be held on 30th. March 2009.
The Company has earned a net profit of RO 27.107 million in 2008 as against RO 30.120 million in 2007 .
Mohd Ahmed Al Dheeb
Chief Executive Officer
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