Nepal Aawas proposes 8 % bonus shares

Mon, Sep 30, 2013 12:00 AM on Dividend, Bonus & Rights,

ShareSansar, Sept 30


Nepal Aawas Finance Company has proposed an 8 percent bonus shares to its shareholders from the net profit it earned during the last fiscal year of 2069/70.


A meeting of the finance company’s Board of Directors took the decision to this effect.


However, the Nepal Rastra Bank and the upcoming Annual General Meeting of the company has to endorse the proposed bonus shares before it could be distributed to the shareholders.