The Ordinary General Assembly of the Vegetable Oil Factories Company holds its annual meeting
The Ordinary General Assembly of the Vegetable Oil Factories Company held its annual meeting at eleven o'clock in the afternoon on Wednesday 04/28/2021 in the offices of the Vegetable Oils Company in Nablus.
The meeting was held by means of video conference in the presence of the Chairman of the Board and members of the Board of Directors and in the personal presence of the Vice-Chairman of the Board and a number of other members, and the presence of the representative of the Companies Controller, the legal advisor for the company and the company's auditors, as well as the presence of the representatives of the Capital Market Authority and the Palestine Stock Exchange by means of video conference .
Attendance reached 82% of the total 4 million shares of the company.
The General Assembly unanimously approved the report of the Board of Directors and the report of the company's auditors, as well as the financial statements for the year 2020, and decided to distribute cash dividends to shareholders registered on 04/28/2021 at 50% of the nominal value of the share of one Jordanian dinar.
The company will start distributing profits before 06/27/2021.