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The pair tangled while battling for third place behind winner Oscar Piastri of McLaren and Ferrari's Charles Leclerc
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Dubai Investments clears 25 per cent dividend
DUBAI — Dubai Investments held its 11th annual general meeting wherein the shareholders approved the annual financial statements of 2006 as well as the board of director's proposal for distribution of a total dividend of 25 per cent, comprising cash dividend 15 per cent and stock dividend 10 per cent, of the paid up capital of Dh1.973 billion, compared to a stock dividend of 30 per cent in the previous year.
The 15 per cent cash dividend will amount to Dh 296 million, while the total dividend will be Dh493.35 million which represents a 92 per cent increase compared to previous year.
The AGM also approved distributing bonus shares at 10 per cent of the capital, equivalent to Dh197.3 million, raising the capital to Dh2.17 billion.
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