Prime bank’s AGM on Poush 29; 19 % bonus share in the pipeline
Sun, Dec 21, 2014 12:00 AM on Dividend, Bonus & Rights,
ShareSansar, December 21:
Prime Commercial Bank (PCBL) will hold its 7th Annual General Meeting on Poush 29.
The seventh AGM of the commercial bank is due to endorse 20 percent dividend, including 19 percent bonus shares and 1 percent cash dividend (for tax purpose), to the shareholders from the net profit it posted in the last fiscal year 2070/71.
The bank is also planning to increase its existing authorized capital of Rs 3 arba to Rs 5 arba subject to approval from its AGM.
There is also the election for 4 directors representing promoters group and 2 directors representing public shareholders group.
PCBL has also announced the book closure for the same from Poush 13 to Poush 29, 2071.
Only those shareholders who own the shares of the bank till Poush 9 will be entitled to get the dividends to be offered by the bank.
Last year PCBL has offered 10 percent bonus share and 5 percent cash dividend to its shareholders.
