Global IME Bank Limited has called its 20th Annual General Meeting to approve a 10 percent dividend for its shareholders.
Global IME Bank Limited is going to hold its 20th Annual General Meeting (AGM) to pass the 10 percent dividend proposed for shareholders. The bank announced to holding this meeting very soon.
According to bank, the AGM will be held on Asoj 16, Friday. The meeting will start at 9:00 AM at the Nepal Police Club, Bhrikutimandap, Kathmandu.
Proposed Dividend and Other Agendas
In the meeting, the bank will pass proposal to distribute 4 percent bonus shares and 6 percent cash dividend, which also includes money for tax purposes, from the current paid-up capital. Along with this, the AGM will also discuss about giving authority to board of directors to make changes in the bank articles of association and regulations, as well as appointing the auditor.
Book Closure Date
For the purpose of the AGM and dividend distribution, Global IME Bank is closing its book for one day on Asoj 5. This means, only the shareholders who are traded and maintained in NEPSE till Asoj 2 can participate in the annual general meeting and receive the proposed dividend.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
