Zain shares trading halted until dividend paid out

31 May 2010

The Kuwaiti bourse has said that trading in the shares of Zain will be halted until the telecommunications firm completes the distribution of its 2009 cash dividend, Reuters has reported. On Thursday, Zain's shareholders approved a cash dividend of 170 fils per share, which excludes distribution from the sale of some of Zain's African units to Bharti.

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