The meeting will endorse a proposal of distributing 4 percent stock and 4 percent cash dividend to its shareholders. moreover, the meeting will approve proposal of issuing 8.25 percent preference shares worth Rs 3 billion, delegate authority to BOD to amend article and memorandum of association, approve appointment of director from ordinary shareholders and appoint an auditor.
In this regard, the bank will close its book on September 12, thus, the shareholders registered in its book till September 11 will be eligible to attend the AGM and obtain the announced dividend.
