Kathmandu. Taragaon Regency Hotels has called its 29th Annual General Meeting.
The meeting of the Hotel Board of Directors has decided to hold the AGM on January 7. The meeting will begin at 11:00 am at the Tribhuvan Army Officers Club in Bhadrakali, Kathmandu.
The meeting held the last fiscal year 2081. The meeting will endorse a proposal of distributing 5 percent cash dividend (excluding tax) of the current paid-up capital for the current fiscal year. The meeting will approve the annual report of the last fiscal year and also approve the proposal regarding the appointment of the auditor and determination of his/her remuneration for the current fiscal year.
The meeting will adopt a special proposal amending the Memorandum of Association and Articles of Association.
The hotel has decided to close the book from December 23 to January 18 for the purpose of dividend and AGM. This means that only the shareholders who have been held before December 7 will be eligible to receive the dividend and participate in the meeting.
