Asian Hotel Limited to Hold Its First Annual General Meeting on 3rd Mangsir, 2082

Asian Hotel Limited has announced that its first Annual General Meeting (AGM) will be held on 3rd Mangsir, 2082. The decision was made during a meeting of the company’s Board of Directors held on 11th Kartik, 2082.

According to the company, the AGM will take place at the company’s central office in Thapathali, Kathmandu, starting at 10:00 AM. Shareholders will also have the option to participate in the meeting through a virtual platform.

The agenda of the AGM includes the presentation and approval of the Board of Directors’ report for the fiscal year 2079/80, the audited financial statements, including the balance sheet, profit and loss account, and profit appropriation proposal, and the appointment of an auditor for the upcoming fiscal year along with their remuneration.

Additionally, under special proposals, the company will discuss plans to increase its issued and paid-up capital, issue bonus and right shares, amend the Memorandum and Articles of Association, and proceed with related regulatory formalities.

Asian Hotel Limited has invited all its shareholders to actively participate in the AGM and contribute to the discussions and approval of key proposals. The company currently operates its hotel in Kathmandu and has expressed plans to expand its hospitality operations in the near future.