Last day to apply 25% right share of Mega Bank; offer ends today

Existing shareholders have one more day left to file for 4;1 (25%) ratio right shares of  Mega Bank Nepal Limited (MEGA). The bank  has been issuing right shares from Shrawan 27, 2073 and today is the closing day for the same. Mega Bank has been issuing a total of 81, 01,438 unit right shares at the face value of Rs 100. The book closure date for 25% right issues was set for Shrawan 10, 2073. Only the shares registered one day ahead of the book closure date i.e. Shrawan 9, 2073 were eligible for the right shares. Global IME Capital Limited is the issue manager for the right issue. Interested shareholders can collect the application forms from Global IME Capital Limited, Rastriya Naachghar, Jamal, Kathmandu and all branch offices of Mega Bank Mega Bank has earned net profit of Rs 55.20 crore in the fourth quarter of the last fiscal year 2072/73. After the adjustment of the rights shares, the bank total paid-up capital will reach to Rs 4.05 arba from existing Rs 3.24 arba . The bank has authorized capital of Rs 10 arba. Its public-promoter share structure stands at 51:49 ratio. Its last trade price (LTP) stood at Rs 525 as on September 12, 2016.