Aleid Foods Company’s Board of Directors recommended distributing 5% cash dividends to shareholders and distribution of bonus shares amounting to 20% of the paid-up capital.

Date

04.04.21

The Board of Directors of the Aleid Foods Company met on Monday, 01/03/2021 and approved
the issuance of the financial statements for the fiscal year ending on 31/12/2020, submitted by
the auditors.
The Board of Directors recommended proposing the distribution of cash dividends to
shareholders in the amount of 5% of the paid-up capital (5 fils per share of the paid-up capital)
and distributing bonus shares of 20% of the paid-up capital (20 shares for every 100 shares) for
the financial year ending on 12/31/ 2020

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Aleid Foods CEO, Eng. Mohammed Al-Mutairi with CNBC

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Al-Mutairi: Aleid Foods’ performance in 2023 was reflected in the increase in shareholders’ equity by an unprecedented record rate since its founding,amounting to 101.81%.

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A leading company in the import, trade and distribution of food goods, Aleid Foods Company was established in 1994, and with the growth of its business and the development of its operational operations, its capital reached 30 million Kuwaiti dinars.