Kathmandu. First Microfinance Laghubitta Bittiya Sanstha has called its 16th Annual General Meeting (AGM) on January 16, 2019. The meeting will begin at 11:00 am at Shubham Reception, Kalopul, Kathmandu.

The AGM will endorse a proposal of distributing cash dividend at the rate of 6.50 percent of the current paid-up capital.

The meeting will also approve the appointment of directors, appoint an auditor, elect 1 director on behalf of the general shareholders.

The microfinance company is closing its book for one day on January 1 for the purpose of AGM and dividend distribution. As per the agreement, the shareholders who have been traded in NEPSE till January 1 will be able to participate in the meeting and receive the dividend.