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Wednesday, September 23, 2009

AGM and Book Closure of GBL

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The 90th BOD meeting of Global Bank Ltd. held on 13th September 2009 (2066 Bhadra 28) has announced its upcoming 3rd Annual General Meeting to be held on 23rd October 2009 (2066 Kartik 6). The company has announced its book closure from 5 to 23 October, 2009 (2066, Aswin 19 to Kartik 6).

The BOD meeting had also decided to propose 2:1 rights share for its capital increment which is subject to approval from NRB & its upcoming AGM. BOD has also decided to amend its Memorandum of Association for adjustment of capital structure of the Bank.

According to the fourth quarter financial report of the bank, it has earned Rs. 30.488 million net profit for fiscal year 2065/66 along with Rs. 64.750 million operating profit. It has 1 billion paid up capital and holds Rs. 22.621 million in its reserve and surplus.
Source:Jamb News Service

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