The meeting will endorse a proposal of distributing 10 percent stock dividend and 0.526 percent cash dividend for tax purposes. Moreover, the meeting will restructure its capital ratio at 51:49 of a promoter and ordinary shareholders and delegate authority to BOD to merge/acquire potential partners.
In this regard, the company will close its book on September 30, thus, the shareholders registered in its book till September 29 will be eligible to attend the AGM and obtain the announced dividend.
