Red Sea Housing Services distributes 2007 dividends at rate of 20% of capital
Red Sea Housing Services (Tadawul: 4230), a leading manufacturer of remote site housing solutions, has begun the distribution of dividends to its shareholders for the 2007 fiscal year, at the rate of SAR 2 per share.
Red Sea Housing Services will distribute dividends to shareholders by Saturday, 17th May 2008, in all branches of the Saudi British Bank. The dividends are for Red Sea Housing shareholders and are as recorded by Tadawul, following close of business on April 19, 2008.
The terms are as follows:
1. Those shareholders that have portfolios with a cash account at any bank will receive their dividends into that account. In case the deposits are unsuccessful, shareholders must download the Shareholder Form from the Red Sea Housing Services Co. website (www.rhs.com.sa). The form should be completed with an official stamp from the bank, and then sent, with an attached copy of their ID, to the Shares Department at the below address.
2. Those shareholders who have updated their records in the Investor Relations Department will have their dividends deposited directly into their current bank account.
