The meeting will endorse a proposal of distributing 5 percent stock and 0.2632 percent cash dividend to its shareholders.
Moreover, the meeting will delegate authority to BOD to forward the merger/acquisition procedure with suitable partners and amend its article and memorandum of association.
In this regard, the bank will close its book from March 23, thus, the shareholders registered in its book till March 22 will be eligible to attend the AGM and obtain the announced dividend.
Currently, the bank has a paid-up capital of Rs 2.60 billion that will reach Rs 2.73 billion after the bonus share distribution.
