C5#
The meeting will endorse a proposal of distributing 10 percent stock and 10 percent cash dividend including tax to its shareholders. Similalry, the AGM will distribute a proportionate cash dividend (including tax) at the rate of 8.25 percent of the preference shares to the shareholders and authorize the Board of Directors to amend the Memorandum of Association and Articles of Association of the bank.
In this regard, the company will close its book on October 2, thus, the shareholders registered in its book till October 1 will be eligible to attend the AGM and obtain the announced dividend.
