City Cement’s BOD Decides Not to Distribute Cash Dividends for 2024

City Cement announced its Board of Directors’ decision not to distribute cash dividends to shareholders for the second half of the fiscal year ending December 31, 2024.

The company explained that the recommendation not to distribute dividends is to maintain the strength of its financial position until the acquisition deal is completed.

It is worth noting that this recommendation will be presented for a vote at the company’s next general assembly meeting, after obtaining approval from official authorities.