Zain confirms dividend at AGM

Zain today confirmed that 87.33 per cent of shareholders attended the ordinary annual general assembly yesterday, which was then followed by the extraordinary annual general assembly, which was attended by 75.82 per cent of shareholders. Amongst the decisions approved was the approval of the cash dividend of 200 per cent or its equivalent 200 fils (US$0.68) per share to shareholders registered in the records of the company as of April 12, 2011. The distribution will be effective on April 18, 2011 as follows.