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Monday, August 4, 2008

Nepal Investment Bank Ltd.(NIB) Appropriation of Profit and Loss Account

The board of directors in its 306th meeting held on held on august 4,2008 approved the following appropriations to the profit and loss account of F/Y 2064/65.
a) Cash dividend of 7.5%
b)Issuance of bonus share of 3:1 (1 share for every 3 share)
c)call on Right issue of 2:1, after the issuance of Bonus share.

The said appropriations are subjected to the approval of NRB and AGM.

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