“Sharjah Cooperative” dividend distribution of 20 percent

Media in\ Sharjah 11-04-2019
The General Assembly of the Sharjah Cooperative Society approved the distribution of a 10% return on capital and a dividend of 10% on the shareholders’ purchases for the 2018 work.
During the annual meeting of the Association for the fiscal year ended 2018, the Board of Directors approved the report of 2018 and approved the results of the audit work for the financial year ended 31/12/2018 and the balance sheet and profit and loss accounts for the year ended 31/12/2018.
The General Assembly also approved the discharge of the members of the Board of Directors and auditors from all matters relating to their management of the Sharjah Cooperative Society for the year 2018. The General Assembly authorized the Board of Directors to appoint the Auditor for the fiscal year 2019.