Kabeli Bikas Bank extends 11:4 right share issuance till March 17

Sun, Feb 23, 2014 12:00 AM on Dividend, Bonus & Rights,

ShareSansar, February 23:

Kabeli Bikas Bank Limited has extended the issuance of its 11:4 ratio right shares till March 17.

The development bank had issued 80,000 units of the right shares at the face value of Rs 100 on January 19.

Notably, the bank has already announced the book closure for the same on December 20 last year; hence only those who held shares of the bank till December 19 are eligible for the rights shares.

Elite Capital Limited at Jamal, Kathmandu is the issue manager.