Standard Chartered Bank proposed 50% bonus shares

The 253rd board of directors meeting of Standard Chartered Bank Limited held on 12th August 2009 (2066 Shrawan 28) has approved the financial statements of fiscal year 2065/066.
The Board has also proposed to distribute cash dividend at the rate of NPR 50/- per share and 2:1 bonus shares for the Fiscal Year 2065/66. It is subject to the approval from Nepal Rastra Bank and AGM of shareholders. SCB has posted Rs. 1.028 billion net profit for the fourth quarter of fiscal year 2065/66.
Source: Jamb News Service