Obeikan Glass Co. announces the board of director’s decision to distribute cash dividends for Second Half of The Fiscal Year 2024

The distribution will be, God willing, through direct transfer to the bank accounts linked to the shareholders’ investment portfolios. The Company urges the shareholders to update their data with the banks that hold their accounts to ensure that their due dividends are deposited directly and without delay.

The company would like to draw the attention of non-resident foreign investors that cash distributions transferred through the resident financial intermediary are subject to a withholding tax of 5% according to the provisions of Article 68 of the Income Tax Law and Article 63 of its implementing regulations.

Accordingly, the company emphasize to non-resident investors who have tax exemptions on dividends issued by the Zakat, Tax and Customs Authority, to contact the company within 3 three calendar days from the eligibility date and to provide the company with documents supporting tax exemption.

For inquiries of our esteemed shareholders, please contact the Investor Relations

Department during official working hours through:

Tel: 014-5040356

Email: info.glass@obeikan.com.sa