Bonus Share of United Finance Ltd.
The 84th BOD meeting held on 13 Sept. 2009 has decided to provide 12.5% bonus share and 0.65% cash dividend (for tax purpose) from the profit of the F/Y 2065/66. The aforesaid bonus shares and dividend shall be subject to approval from NRB and its upcoming AGM. According to fourth qtr. financial report of the company, it had earned Rs. 40.43 million net profits in the F/Y 2065/66 and the company has Rs. 165 million paid up capital and holds Rs.62.82 million in its reserve and surplus. Also the Board meeting has decided to go forward with the 1:1 right issue which was approved by 14th AGM.