NIC Asia Bank AGM Approves Financial Reports, 2:1 Rights Share Issue and Elects New Board Members
Summary
NIC Asia Bank held its 28th Annual General Meeting in Kathmandu, approving financial statements for FY 2081/82, a 2:1 rights share issuance, and elected new board members.
Key Points
- NIC Asia Bank held its 28th Annual General Meeting in Kathmandu.
- Shareholders approved the bank's financial statements for fiscal year 2081/82.
- The AGM approved a 2:1 rights share issue, pending regulatory approval.
- New members were unanimously elected to the Board of Directors from institutional and general shareholder groups.
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