Those who buy shares till date will get the proposed dividend of Asian Life.

Kathmandu. Those who buy shares today will receive the proposed dividend of Asian Life. The company has decided to close the book on February 29 for dividend and meeting purposes. This means that only the shareholders who have been traded in Nepse till February 28 will be eligible to receive the dividend and participate in the meeting.

The company last fiscal year 2081. The company has proposed a total dividend of 10.5263 percent of its current paid-up capital for the company. This includes 5 percent bonus shares and 5.5263 percent cash dividend.

To endorse the proposal, the company has decided to hold its 18th annual general meeting on February 24. The meeting will begin at 1:00 pm at Hotel Classic in Simara, Bara.

The AGM will endorse a special proposal to approve the increase in the issued and paid-up capital to the extent after the distribution of bonus shares. The meeting shall adopt a proposal to add objectives and revise the memorandum of understanding as per the need of the time. The meeting will also endorse a proposal to authorize the Board of Directors to implement the suggestions and directives received from the regulatory body while amending the Memorandum of Association and Articles of Association.

The meeting approved the annual and auditor’s report of the last fiscal year and the current fiscal year 2082. 83. The meeting shall approve the proposal relating to the appointment of the auditor and the determination of his/her remuneration.

Those who buy shares till date will get the proposed dividend of Asian Life.

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