ACE offers bonus

KATHMANDU: The 11th AGM of Ace Finance Company Ltd (Bittiya Sanstha) approved 42.11 per cent dividends, states its press note. Out of which, 40 per cent will be in the form of bonus shares and 2.11 per cent in cash. “Once it issues rights shares, paid up capital will be Rs 320 million, making it eligible to be a development bank.