BIZ BRIEFS

Construction over

KATHMANDU: Aayusha Developers Pvt Ltd has completed its Bagmati Apartment with 80 flats. According to a press statement, the market management and distribution of the apartment has been given to Oriental Builders and Developers. — HNS

RMBFL’s 7th AGM

KATHMANDU: Royal Merchant Banking and Finance Ltd organised its seventh AGMeeting on Friday. The board has proposed 10 per cent bonus shares, two per cent cash dividends for fiscal year 2007-08 and 1:1 rights shares to shareholders. — HNS

GBB starts ATM

KATHMANDU: Gurkha Bikash Bank (Nepal) Ltd on the occasion of its completion of fourth year of operations has initiated ATM services at New Road, Kathmandu and New Road, Pokhara from Thursday. According to a bank press statement, the bank has an authorised capital of Rs 2 billion, and a paid-up capital of Rs 480 million. — HNS