Few Days left for closing of right share of First Microfinance, Garima Bikas  and Neco Ins

Mon, Mar 30, 2015 12:00 AM on Others,

ShareSansar, March 30

First Microfinance Development Bank Limited (FMDBL) is closing its 1:1 ratio rights shares for the shareholders from Chait 19. Only 4 days left to apply for the right share.

The subscription of a total of 10,00,000 units of rights shares which holds Rs 100 face value.

Nabil Investment Banking Ltd is the issue manager for the issuance of the rights shares of the bank.

Similarly, Garima Bikas bank limited (GBBL) had started issuing 4:1 right shares from 15th Falgun. The right issue will be closed on Chaitra 19, 2071. So the shareholders have only 4 days left to apply for the right share.

The subscription of a total of 11, 22,000 units of right shares for its existing shareholders.

ACE Capital Limited is the issue manager for this rights issue.

Likewise,  Neco Insurance Company Limited (NIL)  is also closing its 1:0.84 ratio rights shares for the shareholders from Chait 18. Only 3 days left to apply for the right share

The subscription of a total of 11, 47, 784 units of rights shares which holds Rs 100 face value.

Civil Capital Market Limited is the issue manager of this rights issue.