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General Meeting

Shangri-la Development Bank General Meeting on Feb 17

For tax purposes, the meeting will pass a resolution distributing 8.534 percent bonus shares and 0.449 percent cash dividend.

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KATHMANDU: The 18th Annual General Meeting of Shangri-la Development Bank Limited has been called.

The bank’s board of directors decided on Feb 27 to call a general meeting on Feb 17 to approve the dividend.

For tax purposes, the meeting will pass a resolution distributing 8.534 percent bonus shares and 0.449 percent cash dividend.

The bank has closed the book on March 12 for the purpose of the general meeting.