July 7 (SeeNews) - Bulgarian real estate investment trust (REIT) Prime Property will not pay a dividend for 2008, the company said on Tuesday.
The decision was approved by Prime Property's shareholders at a meeting on June 30, it said in a statement.
Prime Property posted a net loss of 5.5 million levs ($3.9 million/2.8 million euro) for 2008 against a net profit of 11 million levs for the previous year.
Shares in Prime Property last traded on the Bulgarian stock exchange at 0.66 levs at 1140 local time (0840 GMT) on Tuesday, unchanged from the previous day.
(1 euro=1.95583 Bulgarian levs)