Business

Claim all outstanding dividend – GCB Bank to Shareholders

GCB Bank Limited has urged its shareholders to claim all outstanding dividends that have been declared by the Company.

The Bank said after three months any unclaimed dividends shall be transferred into the interest-bearing unclaimed dividend account.

After a period of 12 months, the Bank noted in a statement that all unclaimed dividend shall be transferred to the Registrar General.

“GCB Bank Limited is mandated by law to comply with Section 73 (1) (2) of the Companies Act, 2019 (Act 992) and therefore entreats all shareholders to claim all outstanding dividend,” the statement said.

Source: classfmonline.com

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