I think most of the investors in Kuwait were/are quite eager to know the AGM date for Zain to get the Juicy dividends declared after the Bharti deal.
For those who are not aware, please note that in Kuwait the AGM date is the same as the record date for the dividend payment or bonuses.
Those investors who regularly read the KSE Arabic announcements (I don't know why the announcements are only in Arabic. I feel they sould also have English version!!!), they might be already aware of the meeting date; but for those who missed it and are interested please note that the Zain AGM will be on 27th of May, 2010.
It will be quite interesting to know how the stock performs before and after the General Assembly Meeting. From the fundamental perspective the dividend will have no or less effect, as the stock goes Ex(-dividend). But anyhow, for some reason dividends are important as it helps to know how much do companies remunerate/care about the share holders compared to the CEO's (only).
Keep an eye on the volume. I will keep posting updates, if any.
Happy Investing !!!
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