Kathmandu Finance proposed 8% bonus share and 1:1 right share
Tue, Nov 11, 2014 12:00 AM on Dividend, Bonus & Rights,
Sharesansar, November 11:
The 276th BOD meeting of Kathmandu Finance Limited has proposed 8 percent bonus share to its shareholders from the net profit it earned in the last fiscal year 2070/71.
The BoD meeting of finance held on Kartik 25, 2071 has decided to recommend a dividend to its shareholders. However, the decision is subjected to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting.
Finance has also amendment its earlier decision to issue 5:1 rights. Now its proposed to issue 1:1 right share after bonus issue.
