ACWA Power Barka SAOG announced, at board meeting, held on December 17, 2017, the executive changes. The company announced the resignation of Sankara resigned as director of ACWA Power Barka SAOG due to his personal reasons. The Board accepted resignation of Mr. Ali Asghar Vasnani and appointed Mr. Muhammad Bilal Akhtar Khan as the Company Secretary for the Board and its committees. Further Mr. Muhammad Bilal Akhtar Khan will be the Disclosure officer of the Company.

The Board approved the distribution of 22% cash dividend amounting to RO 3,520,000 (Rial Omani Three Million Five Hundred Twenty Thousand Only) based on the retained earnings as per audited financial statements as at 31 October 2017, and authorized Mr. Ahmed Al Subhi and/or Mr. Usman Anwar to sign necessary documents and statements for payment of dividends. The record date for distribution of dividend is 27 December 2017.