The meeting will endorse a proposal of distributing 5 percent stock and 5.37 percent cash dividend including tax to its shareholders. Moreover, the meeting will delegate authority to BOD to amend article and memorandum of association, purchase real estate to build corporate office, elect directors and appoint an auditor.
In this regard, the bank will close its book on December 22, thus, the shareholders registered in its book till December 21 will be eligible to attend the AGM and obtain the announced dividend.