The meeting will endorse a proposal of distributing 10 percent stock and 0.53 percent cash dividend for tax purposes. Moreover the meeting will approve proposals of restructure its BOD, delegate authority to BOD to amend article and memorandum of association and appoint an auditor.
In this regard, the bank is closing its book on December 16, thus, the shareholders registered in its book till December 15 will be eligible to attend the AGM and obtain the announced dividend.
