Global IME  Laghubitta Calls Out AGM

Nov 04, 2019 10:29 AM Merolagani

Global IME Laghubitta (GILB) has called out its 7th AGM on November 25. The 103rd board of directors meeting of the company held on November 3 decided to call the AGM in Gate Way Himalayan Resort, Besishahar-9, Lamjung at 11:00 AM.

The meeting will endorse a proposal of distributing 35 percent stock and cash dividend of Rs 2 million for tax purpose to its shareholders. Moreover, the meeting will endorse a proposal of issuing 1:1 right shares.

The AGM will also delegate authority to BOD to forward merger/acquisition process with suitable partner, sign MoU and carry out all the requirements as per regulatory bodies.

In this regard, the company has decided to close its book on November 11, thus, the shareholders registered in its book till November 10 will be eligible to attend the AGM and obtain the announced dividend.


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