Mahuli Samudayik Laghubitta to accept bids for auction from Falgun 2; company auctioning 9,453 units of ordinary shares
Wed, Feb 6, 2019 9:03 AM on Auction, Dividend, Bonus & Rights, Latest, Stock Market,
Mahuli Samudayik Laghubitta Bittiya Sanstha Limited (MSLB) will be selling its unsold right shares via auction from Falgun 2, 2075. The bids for 9,453 unit ordinary shares will be accepted till Falgun 13, 2075.
The microfinance has urged the interested bidders to place applications 100 units of ordinary shares. The minimum bid price has been set as Rs 100 so the bids should be placed above Rs 100.
Sunrise Capital Limited has been appointed as the issue manager for the auction of the shares. The application form can be collected and deposited in Sunrise Capital, Kamalpokhari; designated branches (Biratnagar, Birgunj, Butwal, Pokhara, Nepalgunj, Surkhet and Dhangadi) of Sunrise Bank and Mahuli Samudayik Laghubitta, Mahuli Bazaar, Saptari.
The bidders should deposit the entire bid amount in the A/C no 0690371114401013 of Sunrise Bank in the name of Sunrise Capital Limited.
Currently, the paid up capital of the microfinance is Rs 7.2 crore. After the adjustment of the right shares, the paid-up capital of the bank will rise to Rs 10.2 crore.
The microfinance has offered 20% bonus share to its shareholders from the profit of FY 2074/75.
97% of Mahuli Laghubitta's 3 lakh unit right shares allotted on Magh 20
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