Last day to secure dividend of two companies

Sep 22, 2024 08:12 AM Merolagani



Today is the last day to secure dividend of two companies including CEDB Hydropower Development Company (CHDC) and Oriental Hotels. 

These two companies are closing their books on September 23, thus, the shareholders registered in itheir book till September 22 will be eligible to attend the AGM and obtain the announced dividend.

CEDB Hydropower Development Company is conducting its AGM on October 7 in Kalimati Banquet, Kalimati, Kathmandu at 10 am.

The meeting will endorse a proposal of distributing 11 percent stock dividend to its shareholders and issuing 54.5 percent right shares after distributing bonus share.

The meeting will also delegate authority to BOD to amend article and memorandum of association and appoint an auditor.

Similarly, Oriental Hotels (OHL) is conducting its 27th AGM on October 6 in Nepal Administrative Staff College (NASC), Jawalakhel, Lalitpur at 11 am.

The meeting will aprpove a proposal of distributing 5 percent stock and 0.26316 percent cash dividend to its shareholders.

Moreover, the meeting will approve proposals of amending article and memorandum of association, approve annual and financial reports of last FY and appoint an auditor.

 




comments powered by Disqus

Arun Valley Hydropower Calls Out AGM

Oct 04, 2024 06:56 AM

Arun Valley Hydropower (AHPC) has called out  27th AGM on October 30 in Hotel Cystal Pashupati, Gaushala Kathmandu at 11 am.