The meeting is supposed to endorse a proposal of distributing 2.13 percent cash and 40.50 percent stock dividend to its shareholders. moreover, the meeting is also supposed to endorse a proposal of issuing 20 percent right shares of the paid-up capital maintained after issuance of recently approved right shares and bonus share distribution.
The AGM will also delegate authority to BOD to forward merger or acquisition plan and amend its article of association and policies as per requirement of regulatory bodies.
For that matter, the company is closing its book on January 30, thus, the shareholders registered in its book till January 29 will be eligible to attend the AGM and obtain the announced dividend.
