The Board of Director meeting of Kist Merchant Banking & Finance finalized to conduct its AGM on 6th December 2008 (2065 Mangshir 21). It has decided to propose 5% dividend in the upcoming AGM. In order to upgrade itself as an "A" grade company, KMBF has got approval to distribute 1:1.5 right shares. Meanwhile, an announcement of book closure on 24th October 2008 (2065 Kartik 8) has been made. KMBF was incorporated in the 2002 as a 55th Finance Company. Furthermore, KMBF has posted Rs. 53.360 million profit for the 4th quarter of fiscal year 2064/65.
Source: Jamb News service
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Tuesday, October 7, 2008
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