The AGM is scheduled to endorse a proposal of distributing 15 percent bonus and cash dividend of 0.78 percent for tax propose to its shareholders.
Moreover, the meeting will delegate authority to BOD to forward merger/acquisition with suitable partners, appoint evaluator for DDA and forward the procedure of appointing foreign strategic partner.
For the AGM, the bank closed its book on January 21, thus, the shareholders registered in its book till January 20 will be eligible to attend the AGM and obtain the announced dividend.
Presently, the bank has a paid-up capital of Rs 8.13 billion that will reach Rs 9.35 billion after the bonus share distribution.
