NBBU AGM to pass 40% stock dividend

Wed, Jul 15, 2015 12:00 AM on AGM/Special AGM,

ShareSansar, July 15:

Nepal Bitumen and Barrel Udyog Limited (NBBU)  is holding its 26th Annual General Meeting today.  The AGM will held at Yak palace, Pulchowk at 4:00 PM

The main agenda is to endorse 40% bonus share and 2.10 percent cash dividend (for tax purpose) to its shareholders from the net profit it earned in the last fiscal year 2070/71.

Other agenda include financial highlights of 2070/71, and appointment of auditor.

NBBUL, a Public Limited Company, established by Nepal Oil Corporation Limited in 1984 was taken over by Panchakanya Group - a leading industrial and trading house of Nepal in 1994 under government's privatization program.