Oriental Hotel to convene 21st AGM on Kartik 12; Meeting to approve 26.32% dividend & issuance of FPO

Oriental Hotel Limited (OHL) has announced its 21st annual general meeting (AGM) to be convened on Kartik 12, 2075. The meeting will be convened in the premises of Nepal Administrative Staff College, Jawlakhel at 11:00 AM.

The main agendas of the meeting include:

  1. Approval for the distribution of 15% bonus shares.
  2. To make decisions about the issuance of FPO to convert promoters and ordinary shareholders ratio at 55:45

The other agendas of the meeting are endorsement of financial statement for the FY 2074/75, distribution of 11.32% cash dividend including tax and appointment of statutory auditor for the FY 2075/76.