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MTCC shareholders approve MVR 3 per share dividend at annual general meeting

Maldives Transport and Contracting Company (MTCC) shareholders approved an MVR 3 per share dividend for the 2025 financial year at the company's Annual General Meeting, held virtually on Thursday evening. Shareholders also approved the audited financial statements, appointed Hussain Hassanfulhu as Non-Executive Independent Director, appointed Deloitte Partners as external auditor for the 2026 financial year, and endorsed amendments to the Articles of Association.

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What are the key figures?

Sources 1carried it 1 of 19 news outlets we monitor
Figures6as written, with their sentences

One outlet so far Only The Standard has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

How the reporting differs

one source so far

Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.

Figures in these reports

as written, with the sentence they come from
  • MVR 5 each Share face value The Standard According to MTCC, the dividend was approved for shares with a face value of MVR 5 each, representing a payout equivalent to 60 percent of the nominal share value.

    Word for word from the report in The Standard. Open the report

  • 60 percent Payout as percentage of nominal share value The Standard representing a payout equivalent to 60 percent of the nominal share value.

    Word for word from the report in The Standard. Open the report

  • 59 shareholders Shareholders participating directly The Standard A total of 59 shareholders participated directly in the meeting, while another 14 were represented through proxies.

    Word for word from the report in The Standard. Open the report

  • 14 shareholders Shareholders represented through proxies The Standard A total of 59 shareholders participated directly in the meeting, while another 14 were represented through proxies.

    Word for word from the report in The Standard. Open the report

  • 5,602,272 shares Shares represented at the meeting The Standard Together, the participants represented 5,602,272 shares, accounting for 69.75 percent of the company’s total shareholding.

    Word for word from the report in The Standard. Open the report

  • 69.75 percent Shareholding represented at the meeting The Standard Together, the participants represented 5,602,272 shares, accounting for 69.75 percent of the company’s total shareholding.

    Word for word from the report in The Standard. Open the report

Subjects

sectors and approved topics, alphabetical

Named in these reports

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