5 days for investors to get hold of Global IME shares; AGM on Ashoj 29

ShareSansar, September 19:

The investors who want to reap the dividend of the Global IME Bank Ltd has only five working days to get hold of the shares of the bank that have promised 21 percent bonus shares and 4 percent cash dividend.

Publishing the notice today, the bank announced the book closure from Ashoj 10 (Friday).

Since tomorrow is Saturday and Thursday is the public holiday for the Ghatasthapana, investors those buying the shares on the remaining day—today, Sunday, Monday, Tuesday and Wednesday—will be entitled to the proposed dividend.

Likewise, the bank has scheduled its 8th Annual General Meeting for Ashoj 29th.

The 207th meeting of the board of directors held on Tuesday decided to hold the AGM on the aforementioned date. The AGM, among other agenda, will approve the dividend distribution as recommended by the bank’s BOD.

After the 21 percent dividend of the bank is adjusted following the approval of its upcoming AGM and the Nepal Rastra Bank, the paid-up capital of the Global IME will shoot up to Rs 5.1 arba from Rs 4.14 arba. This will secure the bank’s top position among the list of private commercial banks which have the highest paid-up capital.