Company News

Board of Directors Resolutions’ Disclosure

The Board of Directors of Al Batinah Power Company SAOG (the “Company”) advises the Capital Market Authority, the Muscat Securities Market and the investors’ community that it has resolved the following at the meeting of the Board of Directors held on 23 October 2019:

  1. Approval of unaudited financial statements for the 9-month period ended 30 September 2019 together with the Board of Directors’ Report.
  2. Approval of the distribution of cash dividend of 4.20% (Baizas 4.20 per share) out of the retained earnings as per the audited financial statements for the financial year ended 31 December 2018 to the shareholders of the Company who are registered in the Company’s shareholders’ register with the Muscat Clearing & Depository Company SAOC as on 1 December 2019.