Research

March 09, 2009

Market & Company News

Stock Symbol

GULFNAV

Date

5/3/2009

Event

AGM Results

Comment

AGM approved distribution of cash dividend of 3% of the share capital of company equivalent to 3 fils per share for the second half of 2008, in addition to the dividend of 5% of the share capital that had been distributed on 14/12/2008 for the first half of 2008. The total dividend is 8% of the share capital of the company and EGM postponed to 12/03/2009 due to lack of quorum.

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Stock Symbol

ATMI

Date

2/3/2009

Event

BOD Results

Comment

BOD proposed to pay a cash dividend of seven baisa per share (Omani Rial 0.007)

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Stock Symbol

EMIRATESNBD

Date

26/03/2009

Event

AGM

Comment

AGM to approve BOD recommendation of cash dividend of 20% and a bonus issue of 10 ordinary shares for every hundred ordinary shares held to be paid out of the 2008 profit

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Stock Symbol

PALTEL

Date

5/3/2009

Event

AGM

Comment

AGM approved distribution of 40% cash dividend of the nominal value

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Stock Symbol

WAHA

Date

5/3/2009

Event

AGM Results

Comment

AGM has approved 5% cash dividend and the date of entitlement is 11/03/2009 with 15/03/2009 as the record date

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Stock Symbol

CBI

Date

5/3/2009

Event

BOD Results

Comment

BOD recommended to AGM 7% stock dividend as profit distribution and AGM to be held on 01/04/2009

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Stock Symbol

ARTC

Date

3/3/2009

Event

No cash dividends are proposed by the directors for the year ended Dec 31st 2008

Comment

-

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Stock Symbol

QTEL

Date

7/3/2009

Event

BOD Results

Comment

BOD recommend to General Assembly total annual cash divided of QAR 10 per share. The cash dividend represents 100% of the share face value

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Stock Symbol

ABAVIATION

Date

12/3/2009

Event

BOD

Comment

-

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Stock Symbol

NMDC

Date

10/3/2009

Event

BOD

Comment

-

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Stock Symbol

NBQ

Date

18/03/2009

Event

AGM

Comment

-

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Stock Symbol

GMPC

Date

9/3/2009

Event

BOD

Comment

-

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Stock Symbol

NCTH

Date

30/03/2009

Event

AGM

Comment

AGM to approve BOD recommendation of 10% cash dividend along with 10% bonus shares with 07/04/09 being the entitlement date and 09/04/09 the record date

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