Finally Nabil Bank’s bonus shares worth above Rs 10 billion get listed in NEPSE for trading

Sun, May 18, 2014 12:00 AM on Share Listed,

ShareSansar, May 18:

Nabil Bank limited’s 61,03,270 units of bonus shares have been finally listed in the Nepal Stock Exchange Limited (NEPSE) for trading.

The AGM of Nabil Bank held back in December had endorsed 65 percent dividend – 40 percent cash and 25 percent bonus shares—to the shareholders from a net profit of Rs 2.23 arba it posted in the last fiscal year 2069/70.

Similarly, Sumit Micro Finance Development Bank Limited’s 30,000 units of bonus shares and Tinau Development Bank Limited’s 1.38 lakh units of bonus shares have also been listed for trading in the NEPSE.

Also read:   What is delaying listing of bonus shares of Nabil, Standard Chartered and more?