Global IME Bank to distribute 23% bonus share

Global IME Bank Limited (GBIME) has decided to distribute 23% bonus share to its shareholders.
The 233th BOD meeting of the bank has proposed 23% bonus share and to its shareholders from the net profit it earned in the last fiscal year 2071/72.
However, the decision is subject to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting (AGM).
After the bonus share is issued the paid of capital of Global IME will reach to Rs 6.11 arba from paid up 5.01 arba at present.
Global IME has posted net profit of Rs. 1 arba in its 4th quarter of fiscal year 2071/72.
The bank had mobilized Rs 60.17 arba in deposit and extended Rs 50.22 arba in loan by the end of the corresponding quarter of the last fiscal year. -SSN

Mount Makalu Development Bank proposed 30% bonus shares & 1.5 % cash dividend

Mount Makalu Development Bank Limited (MMDBL) has proposed 30% bonus shares and 1.5 % cash dividend for tax purpose.
The 96th BOD Meeting of the company held on Ashwin 13 has proposed distribution of 30% Stock Dividend(Bonus Shares) and 1.5 Cash Dividend (for Tax Purpose) to its Shareholders from the net profit it earned in the last fiscal year 2071/72.
The decision is subject to approval from the Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting (AGM).
Mount Makalu has earned net profit of Rs 39.87 lakhs in the fourth quarter of last fiscal year 2071/72 as per unaudited report. It’s paid up capital remains at Rs 20 crore. After the issuance of 30% bonus share its paid up capital will stood at Rs 26 crore.-SSN

Swarojgar Laghubitta Bikas Bank amended 34.2% bonus share & 1.8% cash dividend

Swarojgar Laghubitta Bikas Bank Ltd. (SLBBL) has made amendment regarding its stock dividend and cash dividend.
Previously the micro finance company had announced 30% bonus share and 10% Cash dividend. The BOD meeting held on Ashwin 13 has amended its previously announced dividend to its shareholders as 34.2% stock dividend and 1.8% cash dividend instead of 30 % stock dividend and 10% Cash dividend.
The decision is subjected to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting (AGM).
The micro finance had earned net profit of Rs 1.82 crore in the last fiscal year. Its last traded price stood at Rs 1930.-SSN

Metro Development Bank to distribute 19% bonus share & 1.32% cash dividend

Metro Development Bank Limited (METRO) has decided to distribute 19 percent bonus share and 1.32 percent cash dividend for tax purpose to its shareholders.

The 109^th BOD meeting held today (Ashwin 12, 2072) has proposed 19 percent bonus share and 1 percent cash dividend (tax purpose) to its shareholders from the net profit it earned in the last fiscal year 2071/72.

The decision is subjected to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting (AGM).

Last year, METRO had distributed 16% bonus share to its shareholders from the profit it made in 2070/71 FY.

Metro Development Bank has earned net profit of Rs 4.76 crore in the fourth quarter of last fiscal year 2071/72 as per unaudited report. It’s paid up capital remains at Rs 21.35 crore and after the issuance of bonus share the paid up capital will rise to Rs 25.40 crore. The last trading price of METRO was Rs 330.-SSN