NRB gives green signal to Western Development 20% bonus share offer
Sun, Apr 12, 2015 12:00 AM on Dividend, Bonus & Rights,
ShareSansar, April 12:
Nepal Rastra Bank has given its nod to Western Development Bank’s (WDBL) plan to offer 20% bonus shares and 1.053% cash dividend (for tax purpose) to its shareholders.
The offer will now have to be endorsed by the bank’s upcoming AGM. The bank has yet to publish its AGM date. A bank official said that the AGM will be held by Baishakh end.
The bank has posted a net profit of Rs 15.04 million in the second quarter of fiscal year 2071/72
The bank’s EPS stands at Rs 13.80 and its net worth per share is valued at Rs 15.03.
