Last day to apply 33% & 50% right share of Prime Commercial Bank & Womi Microfinance respectively

Existing shareholders have one more day left to file for 3:1 (33%) right shares of Prime Commercial Bank Limited (PCBL) .The bank has been issuing right shares from Bhadra 12, 2073 and today is the closing day for the same. The bank has been issuing a total 1, 23, 50, 874 unit right shares at the face value of Rs 100. The book closure date for 33% right issue was set for Shrawan 19, 2073. Only the shares registered one day ahead of the book closure date i.e. Shrawan 18, 2073 will be eligible for the right shares. Civil Capital Markets Limited is the issue manager for the right issue. Shareholders can collect the application forms from Civil Capital Market Limited, Kamaladi, Kathmandu and from central and all branch offices of Prime Commercial Bank. PCBL has earned net profit of Rs 1.12 arba in the fourth quarter of the current fiscal year 2072/73. It’s paid up capital remains at Rs 3.70 arba. After issuance of 33.33 percent right share, the paid up capital will reach Rs 4.93 arba. Prime Commercial Bank has recently signed an agreement to acquire Biratlaxmi Bikas Bank Limited (BLDBL) and Country Development Bank Limited (CNDBL). Its last traded price stood (LTP) at Rs 633 as on September 29, 2016. Similarly, today is the closing day for 2:1 (50%) right shares of Womi Microfinance Bittiya Sanstha Limited .The bank has been issuing right shares from Bhadra 13, 2073 . Womi Microfinance has been issuing a total 1, 80, 000 unit right shares at the face value of Rs 100. The book closure date for 50% right issue was set for Shrawan 21, 2073. Only the shares registered one day ahead of the book closure date i.e. Shrawan 20, 2073 are eligible for the right shares. Siddhartha Capital Limited is the issue manager for the right issue of the microfinance company. Shareholders can collect the application forms from Siddhartha Capital Limited, Anamnagar, Kathmandu and from all branch offices of Womi Microfinance Bittiya Sanstha Limited. Womi Microfinance has earned net profit of Rs 1.07 crore in the fourth quarter of the fiscal year 2072/73. The paid up capital of the microfinance company remains at Rs 3.6 crore. After the issuance of 50 percent right share, the paid up capital will reach at Rs 5.4 crore. Its last traded price stood (LTP) at Rs 2,030 as on September 29, 2016.