Soaltee Hotel Announces Dividend

Nov 19, 2019 11:13 AM Merolagani

Soaltee Hotel (SHL) has announced dividend of the last FY. The company has proposed of distributing 26.315 percent dividend to its shareholders.

The company will distribute 15 percent stock and 11.315 percent cash dividend to the shareholders.

The proposed dividend is subjected to approval from its upcoming AGM on January 9 in Nepal Pragya Bhanwan, Kamaladi.  

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

Presently, the company has a paid-up capital of Rs 732.6 million that will reach Rs 842.5 million after the bonus share distribution.  



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