Professional Holdings Limited to Issue 50% Bonus Shares, Prepares for IPO Issue
Summary
Professional Holdings Limited held its 20th AGM approving a 50% bonus share, 2.63% cash dividend, and plans for an IPO. Its subsidiary Uniglobe Higher Secondary School also announced dividends and bonus shares.
Key Points
- Professional Holdings Limited held its 20th AGM with over 82% shareholder participation.
- The AGM approved a 50% bonus share distribution and a 2.63% cash dividend for FY 2081/82.
- The company plans to proceed with an IPO, authorizing the board to handle necessary legal steps.
- Uniglobe Higher Secondary School, a subsidiary, declared a 5% bonus share and 0.26% cash dividend.