The stockholders of "Capital Hotels" JCS (Kazakhstan) decided not to pay the dividends on Company's common shares for 2010

27.07.11 15:52
/IRBIS, July 27, 2011/ - "Capital Hotels" JCS (Almaty, hereinafter - Company), whose stocks are officially listed at KASE, has provided KASE with the copy of minutes of annual general meeting of the stockholders from May 30, 2011. According to the given document, the stockholders have decided the following: - to recognize the work of the executive body of the end of 2010 satisfactory; - to approve the annual financial statements of the company for year 2010; - not to distribute net income for the year 2010, net income should be used for the further development of the company; - not to make dividend payments on common shares of the company by the end of 2010; - to identify as the media for publication of notices and information for shareholders corporate website - www.capitalhotels.kz. [2011-07-27]