Century Bank AGM on Falgun 28; holding election for 3 public directors

ShareSansar, February 4:

Century Commercial Bank Limited (CCBL) is holding its 4th Annual General Meeting on Falgun 28, and has also announced the book closure for the same from Magh 28 to Falgun 28, 2071.

Only those shareholders who own the shares of the bank till Magh 27 will be entitled to get the dividends to be offered by the bank.

It has proposed 9.417 percent dividend – 6 percent bonus share and 3.47 percent cash – to its shareholders from the profit it earned in the last fiscal year 2070/71.The decision, however, is subject to the approval of Bank’s AGM.

The major agendas for the AGM are approval of financial statement of FY 2070/71, election of 3 directors representing public shareholders group and approval of dividend declared by the BOD.

The bank has also proposed 25 percent right share once the proposed bonus share is adjusted. However this decision is also subject to approval from Bank’s AGM.