Musandam Power Company SAOG at its AGM held on March 6, 2024 announced that having reviewed the amount of retained earnings recorded in the audited financial statement for the year ended on 31st December 2023, and considering the current financial position of the Company, the Board of Directors have determined to distribute cash dividend of 13.8 Baisas per share, to the Shareholders of the Company registered with the MCD as on the 14th March 2024, and the Board hereby instructs the management of the Company to do all that is required to distribute the approved dividend to the eligible shareholders within 14 days of the date of this written resolution.