RIYADH — SABIC Board of Directors, at its meeting held Saturday, recommend to the General Assembly the distribution of SR9 billion in dividends to shareholders for the second half of 2012 at SR3 per share. Eligibility will be for shareholders listed in Tadawul at the end of trading on the date of the meeting of the General Assembly, expected to be during April 2013. Distribution will be within two weeks after the approval of the AGM. The total recommended dividends to shareholders for 2012 is SR15 billion, SR5 per share. SABIC board has already approved distribution of SR6 billion to shareholders for the first half of 2012, SR2 per share. SABIC encouraged its shareholders to update their data and make sure to link bank account numbers to the investment portfolios to ensure receiving the cash dividends without delay. Shareholders are also required to deposit by hand all certificates in their possession, if any, in their investment portfolios to Tadawul Securities Depository Center in Riyadh. — SG