Shareholders of Bahrain-based Al Salam Bank approved a stock split recommendation at an extraordinary general meeting (EGM) held yesterday. The move will split shares worth BD1 into 10 new shares worth 100 fils. The bank also announced that will incorporate a clause on Zakat and that shares will be listed on all GCC stock exchanges. [AMEInfo.com]



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Posted: 09|11|07 at 7:25 am. Filed under: News.