Toastmasters Nepal celebrates Citation 2024
5 days ago
Republica
We are a team of professional management and journalists — one of the best in the Nepali media. Our duty toward our readers is to provide them with impartial news, bold views, in-depth analysis and thought-provoking commentary. We shall do this without fear or favor, and we shall be guided by nothing but our conscience.
Know MoreLatest Article By Author
_20240911162456.JPG)
Published On:
August 27, 2016 09:18 AM NPT
By: Republica
NIC ASIA announces rights issue, stock dividend
KATHMANDU, Aug 27: NIC Asia Bank Ltd has announced that its board of directors has proposed distributing 26 percent stock dividend and 1.37 percent cash dividend to its shareholders.
Issuing a statement, the commercial bank said a meeting of its board of directors held on Friday decided to propose 27.37 percent dividend for Fiscal Year 2015/16, and to raise further capital through a 15 percent rights issue.
The proposal is subject to approval of its upcoming annual general meeting and Nepal Rastra Bank.
Leave A Comment