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Dividend Distribution


Gulf International Services Q.S.C. is pleased to announce that dividends for 2009 will be distributed by Commercialbank (CBQ) starting April 8th 2010.  To facilitate GIS distribution of dividends, CBQ will be extending its official working hours in some branches (See the table below).  CBQ also offers an auto-crediting service which enables shareholders to deposit their dividends immediately [to their bank account with a bank in or outside Qatar] which will be more convenient for them.

For more information, please call the Commercialbank on 4495444.

Please note that any unclaimed dividend cheques will be  distributed  by  mail after 8 weeks from the above date.
Distribution Procedure:

Firstly: Collection by Cash or Cheque

1. Shareholders can collect their dividends in cash (up to QR 100,000) or in cheque at any of the below Commercialbank branches 

Dividend Collection Centers

Commercialbank Branches
Commercialbank Plaza, Airport Branch, Hamad Street, and Bin Omran. 7.30am – 8.00pm , Sunday to Thursday
Villagio, Hyatt Plaza, Landmark and City Center Branches 9.00am – 9.00pam, Sunday to Saturday
4.00pm – 10.00pm on Fridays
All other Commercialbanks and
Al-Safa Islamic Banking Branches
7.30am – 1.00pm, Sunday to Thursday
http://www.cbq.com.qa/Network.aspx?id=41
Commercialbank Corporate branch
(Corporate Shareholders ONLY )
7:30a.m. – 1:00p.m. Sunday- Thursday
6:00p.m. – 8:00p.m. Sunday-Thursday

2. Please provide the following documentation to collect the dividends at Commercialbank

Person Collecting Required Documents
Shareholder for his own dividends ONLY • Original valid ID of shareholder
Shareholder for his own and his minor’s dividends • Original Valid ID of shareholder
• Original Valid ID or Birth Certificate for the minor, or
• Special Power of Attorney
Representative of a shareholder to collect for shareholder ONLY • Original Valid ID of representative
• Original copy of Authority Letter
• Original Valid ID of shareholder
In the case of a mother representing minors • Original Valid Special Power of Attorney authorizing the mother.
Representative of a shareholder including minor shareholders • Original Valid ID of representative
• Original Copy of Authority with names of Minors, NIN, and ID number stated in the letter.
• Original Valid ID or Birth Certificate for the minor, or
• Special Power of Attorney
Deceased shareholders • Original Court Inheritance Certificate
Corporate shareholders • Original copy of Authority Letter
• Original CR
• Original Valid ID of authorized signatory


Secondly: Collection by deposit in any local or international bank

Please print and complete the original form provided (together with the required documentation) to  any Commercialbank branches till 3 April 2010.

Dividend Form

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