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.
Article image