Shree Investment AGM on Mangsir 19; offering 12% bonus share

ShareSansar, November 7:

Shree Investment Finance Limited is holding its 20th Annual General Meeting on Mangsir 19 as per the notice published today.

Earlier, BOD meeting proposed 12% bonus share and 0.63% cash dividend (tax purpose) to its shareholders which is subject to approval from its 20th AGM.

The finance company is in merger process with Bank of Kathmandu, ILFC and Nepal Express. Following the signing of MOU with the mentioned companies, the share trading of these financial institutions have been halted from Jestha 30. So, investors ,who had purchased share before Jestha 30, are required to send their holding for name transfer in order to be eligible to get bonus share.

The major agenda for the AGM is approval of financial statement of FY 2070/71 and conversions of 19% promoter share to ordinary share.