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ECONOMY

United Finance giving 20 percent stock dividend

KATHMANDU, Oct 8: The 22nd Annual General Meeting (AGM) of United Finance Ltd  has approved a proposal to distribute...
By Republica

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.


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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.

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