Auction Alert! Mahuli Samudayik Laghubitta unsold 9,453 unit right shares auction opens from today
Thu, Feb 14, 2019 7:00 AM on Auction, Latest, Stock Market,
Mahuli Samudayik Laghubitta Bittiya Sanstha Limited (MSLB) is selling its unsold right shares via auction from today (Falgun 2, 2075). The bids for 9,453 unit ordinary shares will be accepted till Falgun 13, 2075.
The microfinance has urged the interested bidders to place applications 100 units of ordinary shares. The minimum bid price has been set as Rs 100 so the bids should be placed above Rs 100.
Sunrise Capital Limited has been appointed as the issue manager for the auction of the shares. The application form can be collected and deposited in Sunrise Capital, Kamalpokhari; designated branches (Biratnagar, Birgunj, Butwal, Pokhara, Nepalgunj, Surkhet and Dhangadi) of Sunrise Bank and Mahuli Samudayik Laghubitta, Mahuli Bazaar, Saptari.
The bidders should deposit the entire bid amount in the A/C no 0690371114401013 of Sunrise Bank in the name of Sunrise Capital Limited.
Currently, the paid up capital of the microfinance is Rs 7.2 crore. After the adjustment of the right shares, the paid-up capital of the bank will rise to Rs 10.2 crore.
The microfinance had offered 20% bonus share to its shareholders from the profit of FY 2074/75.
