The meeting will endorse a proposal of distributing 26.7520 percent stock and 1.41 percent cash dividend to its shareholders.
Moreover, the meeting will delegate authority to BOD to forward merger/acquisition process, issue 100 percent right shares of the paid-up capital maintained after merger/acquisition and amend article of association and memorandum of association.
In this regard, the company will close its book from December 1-14, thus, the shareholders registered in its book till November 30 will be eligible to attend the AGM and obtain the announced dividend.
Presently, the company has a paid-up capital of Rs 269.5 million that will reach Rs 341.6 million after the bonus share distribution.
