The meeting will endorse a proposal of distributing 9.5079 percent stock and 0.5004 percent cash dividend for tax purposes. Moreover, the meeting will approve proposals of obtaining NRB approval to upgrade the bank to ‘B’ level, amend article of association, delegate authority to BOD to forward merger/acquisition and appoint an auditor.
In this regard, the company will close its book on December 31, thus, the shareholders registered in its book till December 30 will be eligible to attend the AGM and obtain the announced dividend.
