STCB Ltd. Construction, Agriculture & Home Appliances

stores of the Government Workshop dealing with spare parts imports for all vehicles were merged with STCB. The STCB was registered as a limited company under the Companies Act of the Kingdom of Bhutan from March 5, 1996. The Royal government of Bhutan holds 51% of market share. Whereas to enable public participation in the activities of the Corporation, the government in 1997 floated 49% of its shares in the open market rendering STCB a joint venture of the Royal Government. The annual turnover of Nu.841.89 millions in the year 2007 and Nu.1, 187.15 millions in 2008 declared a 20 % dividend to the shareholders and a company bonus of 2 months. The company is overseen by a Board of Directors whose members are a mix of private and public sector professionals.