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23-03-14

UAE's Waha Capital allows bonus shares

(MENAFN) Shareholders of Waha Capital, a leading investment company based in Abu Dhabi, has announced a cash dividend share and bonus shares of 2.5 percent at the company"s Annual General Meeting on 20 March 2014, according to the Emirates 24/7. Hussain Jasim Al Nowais, Chairman of Waha Capital, chaired the meeting which was also attended by shareholders, Board members, and the company's executive management. Net profit of Al Nowais said Waha Capital was 43 percent higher in 2013, reaching USD83.39 million, while the value of its assets boosted by 18 percent during the year.