Ooredoo signs a memorandum of Understanding with Kuwait Clearing Company

Press release
Published March 30th, 2016 - 02:44 GMT

Ooredoo
Ooredoo

Ooredoo Kuwait, a member of the international Ooredoo Group, has recently announced signing a Memorandum of Understanding with Kuwait Clearing Company (KCC) to assist with 2015 cash dividends transfer to the company’s shareholders.

This agreement will allow an easy banking transfer and enable shareholders to get their dividends by visiting KCC website or any bank branch that is subscribed in the service to fill out the transformation form and submit it to the back for accreditation, in order to update their data and complete the transfer process effective from next October.

Ooredoo was keen on activating this service, as a proof of the company’s intention in adopting all new and advanced services to save its shareholders time and efforts. The KCC service is considered to be a highly developed safe method to be used, instead of issuing cheques under shareholder names and receiving it should be in person. 

Background Information

Ooredoo

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