The AGM is supposed to endorse a proposal of distributing 16.84 percent dividend including 6 percent stock and10.84 percent cash dividend including tax.
The meeting will also delegate authority to BOD to forward merger/acquisition process and complete all the official procedure as per regulatory bodies.
Similarly, the meeting will amend its article of association and memorandum of association regarding capital growth.
In this regard, the bank will close its book on November 29, thus, the shareholders registered in its book till November 28 will be eligible to attend the AGM and obtain the announced dividend.
