Chilime Hydropower Announces 12% Dividend, Book Closure on Poush 17

Chilime Hydropower Company Limited (CHCL) has announced dividend distribution to its shareholders from the profit of the previous fiscal year. The company has decided to distribute a total dividend of 12 percent of its paid-up capital, which includes 8 percent bonus shares and 4 percent cash dividend inclusive of tax. The decision was made during the board meeting held on Poush 8. To approve the proposed dividend, the company has called its Annual General Meeting (AGM) on Poush 30. For the purpose of the AGM and dividend distribution, the company has declared book closure for one day on Poush 17. Accordingly, shareholders who maintain their shareholding until Poush 16 will be eligible to attend the AGM and receive the declared dividend.