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Manwalah plans 2.1M Riyal dividends
The Cargo Handling Company (Manohla) has decided to distribute a cash dividend of 2.1 million Riyals for the first half of 2026, at a rate of 0.70 Riyals per share, representing 70% of the nominal value of the share. The dividends will be distributed to shareholders listed in the share register as of the close of trading on September 3, 2026, and will be paid starting September 16, 2026, via bank transfer to their registered accounts. The company also indicated that the dividends are subject to a 5% withholding tax for non-resident foreign investors. Shareholders are advised to update their data to ensure the timely deposit of their dividends.
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