KATHMANDU, Oct 8: The 22nd Annual General Meeting (AGM) of United Finance Ltd has approved a proposal to distribute 20 percent stock dividend and 1.05 percent cash dividend (for tax purpose) to the finance company’s shareholders.
NIC ASIA announces rights issue, stock dividend
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“With this, the paid-up capital of the company will reach Rs 556 million,” a statement received on Friday said.
The company has 0.43 non-performing assets (NPA), according to the statement.