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20% cash dividends to be distributed to Comprehensive Leasing Company shareholders for the year 2020

The Comprehensive Leasing Company General Assembly have approved on Thursday the 25th of February 2021 a recommendation by the company's Board of Directors to distribute 20% cash dividends to shareholders. The Ordinary General Assembly Meeting was held through visual and electronic media communication using Zoom application.

During the meeting the General Assembly has:

  • discussed the Board of Directors Report on the activities of the Company during the year 2020 along with its future plans for the year 2021,

  • Heard the Company’s Auditors Report of the on its financial statements for the year ended 31- 12-2020

  • Approved the Board of Directors recommendation for distributing cash dividends of (20%) to the shareholders.

  • Discharged the Board’s members from their liabilities in respect of the financial year ended 31-12-2020.

  • Elected PricewaterhouseCoopers (PWC) as the Company’s auditors for the next fiscal year, and authorized the Board of Directors to decide their remunerations.

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