Capital Plan of Century Bank: 9% Bonus this year, 30 % Right& Merger of Rs 3 abra
Wed, Oct 7, 2015 1:36 PM on Latest, Dividend, Bonus & Rights, Featured, Stock Market,
Here is the Capital plan of Century Commercial Bank Ltd.:
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Century Commercial Bank Limited |
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Capital Plan for F.Y 2072-73 & 2073-74 |
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| Particulars | Projected F.Y | ||
| 2071-72 | 2072-73 | 2073-74 | |
| Capital | 2,120,000,000 | 2,310,800,000 | 4,025,413,600 |
| Bonus Share | 190,800,000 | 332,373,600 | 983,557,904 |
| Right Share I | - | 530,000,000 | - |
| Right Share II | - | 852,240,000 | - |
| Capital of Merged Institution | - | - | 3,000,000,000 |
| Total Capital | 2,310,800,000 | 4,025,413,600 | 8,008,971,504 |
| Notes: |
| F.Y 2071-72 |
| 9% Bonus share will be proposed. |
| F.Y 2072-73 |
| 25% Right Share I on Closing Capital of F.Y 2071-72 which has already been approved by 4th AGM shall be issued and Capitalized. |
| 30% Right Share II will be proposed in the forthcoming 5th AGM and issued and Capitalized by end of Ashad 2073. |
| 9% Bonus share will be proposed |
| F.Y 2073-74 |
| Bank will go for Merger or Acquisition with one or more Financial Institutions having capital of around 3 Billion. |
| 14% Bonus share will be proposed. |
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