Abu Dhabi Ship Building PJSC (ADSB) shareholders approved a cash dividend of 19 fils per share, totaling AED 40,278,480, for the 2025 financial year.
The dividend schedule is set with a Last Entitlement Date of May 5, 2026, an Ex-Dividend Date of May 6, 2026, and a Registry Closing Date of May 7, 2026.
Shareholders approved an AED 50,660,302 amendment to a related party transaction with EDGE Commercial LLC for naval maintenance works for the State of Kuwait.
A proposed USD 220,365,000 related party transaction with EDGE Commercial Company regarding the Kenya Project was postponed to a future general assembly meeting.
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