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Tuesday, November 17, 2009

19% Bonus Share: Nepal Housing & Merchant Finance

The BOD meeting of Nepal Housing & Merchant Fin scheduled on 16th November 2009 (2066 Mangsir 1) has decided to propose 19% bonus share subject to approval from NRB and its upcoming AGM.

According to the fourth quarter financial report (2008/09) of the company, it has earned Rs. 47.753 million net profit and Rs. 50.343 million operating profit. Likewise, the company has Rs. 184.922 million as paid up capital and holds Rs. 75.843 million in its reserve and surplus account.

Source:
Jamb News Service

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