The telecommunications company, Ooredoo Maldives, has decided to distribute share profits from the year ending in 2018 among its shareholders

The decision was taken at a meeting of the board members held at Ooredoo yesterday. The members of the board decided that MVR 3.22 per share will be distributed to shareholders as share profit.

Ooredoo informed that as per the board’s advice, the company will be submitting the approval of the final decisions to shareholders on behalf of board members at the Annual General Meeting regarding the distribution of share profits.

The company has also announced that the notice, agenda and various other details of the Annual General Meeting will be published on the website 15 February 2019. The past year, 85 per cent of profit shares were distributed to shareholders.