The AGM & EGM of Bahrain Ship Repairing & Engineering Company B.S.C. (BASREC) were held on Thursday 29/03/2018 at 10:00 a.m. with a quorum of 73.15%.
Both the AGM & EGM approved their proposed agendas including the distribution of Cash Dividends equivalent to 50% amounting to 50 fils per share and Bonus Shares of one share for every ten shares held.
Hence, Bahrain Ship Repairing & Engineering Company B.S.C. share shall trade ex-dividend and ex-bonus starting from Sunday 01/04/2018, and the adjusted price after the distribution of Bonus shares will be BHD 1.382.