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
“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.