Last day to secure dividend of 5 companies including Prime Commercial Bank

Dec 29, 2019 10:46 AM Merolagani

Today is the last day to securedividend of five listed companies. The companies including Prime Commercial Bank, Mahuli Samudayik, Sana Kisan Laghubitta, Janaki Finacne and  United Finacne are closing their books on December 30 thus, the shareholders registered in their respective books are eligible to attend the AGM and obtain the announced dividend.

Prime Commercial Bank (PCBL) is conducting its AGM on January 10 in Rastriya Sabhagriha, Pradarshani Marg at 10:00 AM.

The meeting will endorse a proposal of acquiring Kailash Bikas Bank with a swap ratio of 100:94. Moreover, the meeting will approve a proposal of distributing 16 percent stock dividend.

Presently, the bank has a paid-up capital of Rs 9.68 billion, that will reach Rs 11.23 bilion after the bonus share distribution.

Mahuli Samudayic Laghubitta Sanstha (MSLB) is conducting its 7th AGM on January 11 in the head office of the company at Saptari.

The meeting will endorse a proposal of distributing 20 percent stock and 11.579 percent  cash dividend to its shareholders.

Moreover, the meeting will delegate authority to BOD to forward merger/acquisition process with suitable partner.

Presently, the company has a paid-up capital of Rs 102 million that will reach Rs 122.4 million after the bonus share distribution.

Sana Kisan Laghubitta Bittiya Sanstha (SKBBL) is conducting its AGM on January 11 in Nepal Prasasanik Prashikchyan Pratisthan, Jawalakhel at 11:00 PM.

The meeting will approve a proposal of distributing 27.25 percent stock and 1.43 percent cash dividend for tax purpose.

Presently, the company has a paid-up capital of Rs 176 million that will reach Rs 1.01 billion after the bonus share distribution.

Janaki Finance (JFC) is conducting its AGM on January 9 in Hotel Manaki International, Shivachowk, Janakpurdham at 10:00 AM.

The meeting will endorse a proposal of distributing 23.16 percent dividend including 22 percent stock and 1.13 percent cash dividend for tax purpose.

Similarly, the meeting will delegate authority to BOD to forward merger/acquisition process with suitable partner, appoint an auditor and approve financial reports of the last FY.

The paid-up capital of Janaki Finance will reach Rs 600.4 million after bonus share distribution.

United Finance (UFL) is conducting its 25th AGM on January 14 in Karki Banquet, Babarmahal at 11:00 AM.

The meeting will endorse a proposal of distributing 3 percent stock and 6.52 percent cash dividend to its shareholders. Moreover, the meeting will elect one board of directors from its Indian partner Muthoot Finance, three from promoters and 2 from general shareholders.

Presently, the company has a paid-up capital of Rs 1.01 billion that will each Rs 1.04 billion after the bonus share distribution.

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