Palms Sports PJSC has invited shareholders to an electronic Annual General Meeting (AGM) scheduled for March 4, 2026, at 3:30 PM.
The Board of Directors proposes a cash dividend distribution of AED 0.566 per share, representing 56.6% of the nominal share price, for the financial year ended December 31, 2025.
The meeting agenda includes a proposal to approve board of directors' remuneration at 2% of the company's operating profit for the 2025 fiscal year.
Shareholders will also vote on the appointment of company auditors and determine their fees for the financial year ending December 31, 2026.