22 Hrs
Source:
معلومات مباشر
Al-Kathiri Issues First Sukuk Returns
Al-Kathiri Holding Company announced the distribution of 4.34 million SAR as dividends on its first issuance of Sukuk, at a rate of 43.444 SAR per Sukuk out of an original 100,000 Sukuk, with an annual return rate of 8.50%. The coupon payment period is 184 days, and entitlement to dividends includes investors registered with the Securities Depository Center, with payments deposited into their accounts within five business days. Distributions to non-resident investors in Saudi Arabia will be subject to a withholding tax of 5%, with the possibility of submitting exemption documents to the company within five days of due date.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)