Nepal Express Fin to hold 9th AGM on Kartik26; 34% bonus shares likely to be approved

ShareSansar, October 22:

Nepal Express Finance Ltd (NEFL) has called its 9th annual general meeting (AGM) on Kartik 26.

Publishing a notice today, the Kathmandu-based finance company said that the upcoming AGM is scheduled to approve, among other, 34 percent bonus shares distribution to its shareholders.

 
Since the finance company’s shareholders register has remained closed from Jestha 29 due to the merger process, the shareholders till hat date will only be entitled for the bonus shares announced by the finance company.

NEFL, Bank of Kathmandu (BoK) along with International Leasing and Finance Company (ILFC) and Shree Investment and Finance Limited have already signed the memorandum of understanding back on June 12 to go for the amalgamation.