INP-WealthPk
ISE Towers REIT Management Company announces final cash dividend
November 25, 2022
The ISE Towers REIT Management Company Limited has announced final cash dividend of Re0.65 per share for the Financial Year 2022 for the shareholders. Chairman Zahid Latif Khan along with the board members announced the dividend at the 33rd annual general meeting held on Wednesday, said a statement received by WealthPK.
The shareholders of the company approved the financial statements for the Financial Year 2022. The board of directors, in view of the continued growth of the company, recommended the highest ever cash dividend of Re0.65 per share for the Financial Year 2022 for its shareholders. The financial position of the company also stood on strong footing with debt free to ample liquidity.
The chairman apprised the shareholders that the company has achieved significant progress for launch of ISE Towers REIT Scheme by submitting requisite documentation to the Securities and Exchange Commission of Pakistan for approval. Besides, the company is also exploring different avenues for launch of other REIT schemes, he added.
Credit : Independent News Pakistan-WealthPk
