Mannai Corporation (MC) shareholders have approved an interim dividend of QR3.15 a share, which entails an outgo of QR1.44mn. At its ordinary general assembly meeting held online on September 7, the shareholders approved the interim dividend, which will be funded entirely from the surplus cash realised from the sale of its subsidiary, after settling the related bank financing. The board proposed to distribute dividend to shareholders following the successful sale of the wholly-owned subsidiary, Inetum (formerly GFI Informatique). The sale generated €1.05mn in total cash proceeds, enabling the approved interim dividend as well as the repayment of all loans related to the acquisition. The sa
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