Last day to clinch Mahakali Bikas Bank’s 1:2 right shares
Sun, Jun 8, 2014 12:00 AM on Dividend, Bonus & Rights,
ShareSansar, June 8:
Mahakali Bikas Bank Limited is closing its 1:2 right issue from today.
The development bank based in Kanchanpur has been floating 8 lakh units of right shares at the face value of Rs 100.
It may be noted that only those who already held the shares of the bank by April 3 are entitled for the right shares.
The shareholders can apply for the right shares at all the branches of Mahakali Bikas Bank and Ace Development Bank as well as at the office of Ace Capital Limited at Lal Colony, Lal Durbar, Kathmandu.
It may also be noted that ICRA Nepal, the only credit rating agency in the country, had assigned Grade 4 to the issue.
