Nepal Electronics Payment System Calls AGM, To Endorse 20% Bonus and IPO Issue Agenda

Nepal Electronics Payment System Limited (NEPS) has called its 10th AGM on 23rd Kartik, 2080. The meeting will be held in Aranya Boutique Hotel, Manakamana Rd, Hattisar, Kathmandu, starting at 4 pm that day.

These are the agendas of the AGM:

1) Endorse the annual report of the FY 2079/80.

2) Endorse the PNL statement and statement of cash flow of the FY 2079/80

3) Appointment of auditor for FY 2080/81 and endorsement of their remuneration.

4) Provide approval to the 20% bonus share and 1.053% cash dividend proposed by the board of directors.

5) Endorse the appointment of board members.

6) Authorize the BOD to carry out merger/acquisition-related procedures if a suitable company is found.

7) Provide approval to discuss about issuing the shares at premium price.

8)Miscellaneous

Announcement: