In an announcement made by State Trading Organization Plc (STO), the company’s Board of Directors has proposed a dividend of MVR77 per share for the year 2022. The proposal is subject to approval at the upcoming Annual General Meeting (AGM) to be held in the near future. The dividend payment is based on the profits earned during the year 2022 and will be presented to the shareholders at the AGM for their approval.
The Board of Directors has made this proposal as part of their commitment to maximize shareholder value and to share the success of the company with its shareholders.
All shareholders are encouraged to attend the AGM and exercise their voting rights on this important matter.
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