Hama Merchant & Finance 10th AGM on Baisakh 8; to endorse 10.50% stock dividend

Hama Merchant Finance Company Limited (HAMA) will be convening its 10^th Annual General Meeting (AGM) on Baisakh 8, 2073. The AGM will be held at Bogenvilla, Tripureswor, Kathmandu at 10: 00 AM. . Main agendas of the AGM are:

• To endorse 10.50 percent bonus shares from the net profit it earned from the fiscal year 2071/72.
• After issuance of bonus share it’s paid up and issued capital will increase and to amend the article of association accordingly.
• Authorized BOD to change it promoter-public share structure to 51:49 from existing share structure.
• Authorized BOD to initiate merger/acquisition process with other BFI.
• To amend article of association and memorandum of association as per directed by registrar officer or Nepal Rastra Bank.

Other main agendas of the AGM include financial highlights of 2071/72, appointment of auditor, to increase allowance of BOD member and to endorse help provided to earthquake victim. Only those shareholders owning shares till Chaitra 22 will be entitled to the dividend of the company. The register of their shareholders will remain close from Chaitra 23, 2072 till Baisakh 8, 2073 for the purpose of its upcoming AGM. Hama Merchant and Finance had earned net profit of Rs. 85.52 lakh in second quarter of the fiscal year 2072/73.