Shareholders of Ust-Kamenogorsk Titanium Magnesium Plant approve procedure for distributing net income for 2023

02.09.24 12:05

/KASE, September 2, 2024/ - Ust-Kamenogorsk Titanium Magnesium Plant JSC (Oskemen), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the decisions of the annual general meeting of its shareholders held on August 28, 2024. Shareholders, among other things, made the following decisions: - to approve the company's annual financial statements for 2023; - to approve the procedure for distributing the company's net income for 2023 in the amount of KZT4,070,867 th.: - KZT91,724 th. - on dividends; - KZT3,979,143 th. - on investments in technical re-equipment, research and development and acquisition of fixed assets. Decisions on a total of six issues on the meeting agenda were made during the general meeting of shareholders. This information is available on - https://kase.kz/files/emitters/UTMK/utmk_special_shareholders_meeting_results_280824_3766.pdf [2024-09-02]