NEPSE adjusted the stock price of Prime Commercial Bank at Rs 381.90 after adjusting 16 ercent stock dividend. The last trading price of the stock was Rs 443 on Decmeber 7.
Similarly, NEPSE adjusted the unit price of Global IME Samunnat at Rs 10.88 after adjusting 100 percent stock dividend. The last trading price of the stock was Rs 20.88 on Decmeber 7.
Prime Commercial Bank is conducting its 14th AGM in its head office at Kamalpokhari, Kathmandu on December 21 at 11 AM.
The meeting will endorse a proposal of distributing 16 percent stock and 0.63 percent cash dividend to its shareholders.
Moreover, the meeting will delegate authority to BOD to forward merger/acquisition with suitable partners.
Global IME Sammunat Scheme 1 (GIMES1) has announced of distributing 100 percent cash dividend including tax to its unitholders.