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Saturday, September 13, 2008

Union Finance Ltd (UFL) gives bonus share

The board meeting of Union Finance Ltd (UFL) has decided to give 20 per cent bonus share and four per cent cash dividend from the net profit of fiscal year 2007-08 after it was approved from Nepal Rastra Bank (NRB). "The company has a paid up capital of Rs 725 million," states a press release. Deposit base of the company is at Rs 866 million. It is also in a process of issuing 1:1 right share in near future.
Source: THT

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