A gentle reminder: Last day to clinch 50% bonus share of CIT

ShareSansar, July 1:

If you don’t want to miss the golden opportunity to grab the cool 50 percent bonus share recently approved by Citizen Investment Trust (CIT), which is probably the best among the blue-chip companies, today is the last day to act.
 
CIT has announced the book closure from tomorrow for its Annual General Meeting on July 16 in Kathmandu. It means that only those who already hold the shares of the company by this afternoon would be entitled to the bonus shares, plus 2.26 percent cash dividend to cover the tax on bonus share.

The state-run company has stated that its 19th AGM will endorse percent bonus shares plus cash dividend equivalent to the tax on the bonus shares to the shareholders from the net profit it posted in the last fiscal year 2069/70.

Though the AGM notice has not disclosed the percent of the bonus shares, highly place source at CIT told ShareSansar that it plans to endorse 50 percent bonus shares this time around.

CIT had offered 40 percent bonus shares to the shareholders last year.