Subhechha Bikas Bank starts distribution of bonus share certificates

Wed, Mar 5, 2014 12:00 AM on Dividend, Bonus & Rights,

ShareSansar, March 5:

Subhechha Bikash Bank Limited is distributing 10 percent bonus share certificates to the shareholders from the net profit it posted in the last fiscal year 2069/70 from today.

According to a notice issued by the development bank today, the bonus share certificates can be collected from 10:00 AM to 3:00 PM from Sunday through Thursday, and from 10:00 AM to 1:00 PM on Fridays through the office of its RTS, Ace Capital Limited at Bag Durbar, Kathmandu.

Subhechha had offered 16.74 percent dividend – 10 percent bonus share and 6.74 percent cash -- to its shareholders from the net profit it posted in the last fiscal year.

Subhechha had posted a net profit of Rs 66 lakh in the last fiscal year.