Fujairah Building approves 7.5% bonus shares

13/04/2015 07:38 AST

Fujairah Building Industries said on Sunday its ordinary general meeting had approved bonus shares amounting to more than 9.5 million shares, about 7.5 per cent of the capital.

After the increase, capital will rise to 135.9 million shares, the company said in a filing to the Abu Dhabi Securities Exchange.

The company's net profit more than doubled to Dh6.18 million from Dh2.9 million in the previous year.


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The Fujairah Building Industries Company's (FBICO) board of directors announced the distribution of a six per cent cash profit to shareholders for the year 2010.

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