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AGM of Machhapuchchhre Bank on May 8

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AGM of Machhapuchchhre Bank on May 8
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April 16: 17th annual general meeting of Machhapuchchhre Bank is going to held in Hotel Pokhara Grand, Kaski on May 8. In the AGM, proposals regarding presentation of annual report, issuance of 50 percent right share, endorsement of 16 percent bonus share distribution and 0.84 percent cash dividend, re-structuring promoters and general share ownership by 51:49 and approval of fund contributed on Prime Minister Disaster Relief Fund for earthquake survivors are subjected to approve by the meeting. In order to carry out the AGM, company’s book close is scheduled from April 19 to May 8.

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