The meeting will endorse a proposal of distributing 5 percent stock and 10.80 percent cash dividend including tax to its shareholders. Moreover, the meeting will delegate authority to BOD to forward merger/acquisiton with suitable partners and amend article and memorandum of association, approve 8 percent cash dividned proposal to preference shareholders, elect three promoter directors and appoint an auditor
In this regard, the bank will close its book on September 30 for upcoming AGM, thus, the shareholders registered in its book till September 29 will be eligible to attend the AGM and obtain the announced dividend.
