The 68th meeting of Board of Directors of United Finance has proposed issuing 10 percent bonus shares from its annual profits and the company bearing the tax payable to the government. In a press statement issued here today, the board meeting also proposed rights issue in the ratio of 1:1 within the current fiscal year after the issuance of bonus shares. The proposals will be forward to Nepal Rastra Bank for its final approval.
Source: Ekantipur
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Tuesday, October 7, 2008
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