The management of the Company is pleased to disclose its initial, unapproved, unaudited results for nine month period ended 30 September 2017, as required by the CMA Circular E/2/2016. Note: Significant increase in income tax expense is due to one off deferred tax expense impact arising from change of tax law in Oman.
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The Board of Directors of Sembcorp Salalah Power & Water Company SAOG (“the Company”) is pleased to advise the Capital Market Authority, the Muscat Securities Market and the investor community of the following material resolutions made at the meeting of the Board of Directors (the “Board”) held on 25 October 2017: a) The Board approved and authorised for issuance the Company’s Financial Statements and Management Report for the period ended 30 September 2017; and b) The Board approved the distribution of an interim cash dividend for 2017 of 7.2% of the Capital (7.2 baizas per share), in accordance with the authorisation given by the Company’s shareholders at its AGM on 14 March 2017 to the Shareholders who are registered in the Company Shareholders’ register with Muscat Clearance & Depository Company SAOC on 1 November 2017. |
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