Dec 31, 2013
Kathmandu, Dec. 31- Nepal Stock Exchange Limited (NEPSE) has resumed the trading of Rastriya Beema Sansthan (RBS) after the state-run insurance company decided to restart its AGM process.
RBS had declared its 29th AGM on October 10, 2012 to endorse 39, 39 and 15 percent dividends for the previous three fiscal years. But then the AGM was again stalled.
RBS now would have to again seek the Insurance Board’s approval for the proposed dividend, and announce a new date for book closure for its AGM.