Arab Development to distribute LE1.5 m for shareholders

07 Apr 2018

Arab Development & Real Estate Investment (ADRI) declared in a statement sent to EGX, the ordinary general assembly was convened on April 04.

The OGM approved the financial results for the fiscal period ending December 2017, as well as the profit distribution attributable to shareholders of LE1,550,591 for the same fiscal period.

Moreover, the OGM ratified distributing 20% from the delayed profits of previous years for shareholders, in addition, deferring the employees' stake from distribution to the next year.

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