Century Commercial Bank appoints Civil Capital as issue manager for 40% right
Fri, May 12, 2017 1:57 PM on Latest, Dividend, Bonus & Rights, Featured, Stock Market,
Century Commercial Bank Limited (CCBL) has appointed Civil Capital Market Limited as the issue manager for its upcoming 40% right share. Mr. Jeevan Bhattarai, officiating CEO of the bank and Mr. Parag Bista, CEO of Civil Capital signed the rights agreement today.
CCBL will be floating a total of 1,88,54,257 units right shares on its paid up capital of Rs 4.71 arba after the acquisition of Innovative Development Bank and Araniko Development Bank.
After the capitalization of this 40% right share, its paid up capital will reach Rs 6.59 arba. CCBL is further acquiring Sagarmatha Finance and Alpine Development Bank.
CCBL will be floating a total of 1,88,54,257 units right shares on its paid up capital of Rs 4.71 arba after the acquisition of Innovative Development Bank and Araniko Development Bank.
After the capitalization of this 40% right share, its paid up capital will reach Rs 6.59 arba. CCBL is further acquiring Sagarmatha Finance and Alpine Development Bank.
