NHMFL declares dividend

December 17, 2001
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December 17, 2001

KATHMANDU: Nepal Housing and Merchant Finance Limited (NHMFL) Sunday declared a Rs.15 dividend per share at its seventh annual general meeting Sunday, the company said. The paid-up capital of the company will be raised to Rs.45 million after issuing right shares of two to one to share holders.

The company set aside Rs.11.68 million for tax. The company’s deposits at the end of the fiscal year 2000/1 stood at Rs.417.3 million, up 25 percent from the previous year and invested Rs.382 million during the year.