Sunrise Bank conducts its 12th AGM

unrise Bank conducted its 12th AGM in Kathmandu. The meeting endorsed a proposal of distributing 15.80% dividend including 10% stock and 5.80% cash dividend to its shareholders.

The meeting listed a special agenda of merger and acquisition with potential partners and delegated authority to BOD to forward the process.

In this regard, the bank closed its book on October 18 thus shareholders registered in its book till October 17 were eligible to attend the AGM and obtain the announced dividend. The paid-up capital of the bank reached Rs 8.96 billion after the bonus share distribution.