NEPSE lists 24.74 lakh unit bonus shares of Purnima Bikas Bank and Citizen Investment Trust; 2.26 lakh unit promoter shares of Kabeli Bikas Bank also converted
Mon, May 28, 2018 1:33 AM on Dividend, Bonus & Rights, Latest, Share Listed, Stock Market,
Nepal Stock Exchange has listed 24,74,082.72 unit bonus shares of two different companies and has converted 2.26 lakh unit promoter shares of Kabeli Bikas Bank into ordinary shares. The shareholders holding the shares of the respective companies can now sell their shares in the secondary market.
Nepal Stock Exchange (NEPSE) has listed 8,45,500 unit bonus shares of Purnima Bikas Bank Limited (PURBL). The development bank had distributed 19.19% bonus shares from the profit of FY 2073/74.
Similarly, 16,28,582.72 unit bonus shares of Citizen Investment Trust (CIT) had also been listed by the stock exchange for secondary trading. The company had issued 22% bonus shares to its shareholders from the net profit of Fiscal Year 2072/73.
Similarly, NEPSE has converted 2,26,669 units promoter shares of Kabeli Bikas Bank Limited (KEBL). After the conversion, the share structure of the development bank has been converted in to 51:49.
