First Microfinance proposes 1:1 right share to the shareholders
Mon, Aug 25, 2014 12:00 AM on Dividend, Bonus & Rights,
ShareSansar, August 25:
First Microfinance Development Bank Limited has proposed 1:1 right shares to its shareholders.
A meeting of the Board of Directors of the microfinance institution took the decision to this effect on August 5, according to a notice posted by the company on Nepse’s website.
It may, however, be noted that the proposed right issue is subject to the approval of its upcoming AGM and the central bank.
