First Microfinance listed 3 lakh units bonus share; Investors now can sell FY 71/72 bonus shares

Nepal Stock Exchange Limited (NEPSE) has listed 3, 00,000 units bonus share of First Microfinance Development Bank Limited (FMDBL) on Magh 10 for trading. Now the investors holding bonus share of the company can sell their shares. First Microfinance 6^th AGM had approved 15% bonus share to its shareholders from the net profit it earned in the last fiscal year 2071/72. The shares of FMDBL has been halted on NEPSE for unusual trading. Few brokers had tried to artificially increase the price of the microfinance, that’s why Nepse had halted the trading.