2015-10-19

Resolutions of the Board of Directors

We are pleased to inform you  that the Board of Directors of Sohar Power Company (SAOG) resolved the following in its meeting held on October 19, 2015 :

1- The Board reviewed and approved the audited financial statements of the Company for the period ended 30 September 2015 along with the Board of Directors’ Report.  

The audited financial statements can be viewed in the website of Muscat Securities Market and the Company’s website at www.soharpower.com

2- To call for Ordinary General Meeting on 11 November 2015 to request the shareholders to approve the proposal to distribute interim cash dividends of 7.1% (Seven Baisa and one tenth of Baisa per share) based on the audited financial statements for the period ended 30 September 2015.

The entitlement of dividends is for the Company’s shareholders registered with the Muscat Clearance and Depository Company SAOC on the date of the Ordinary General Meeting.