NEPSE lists bonus shares of four companies; more than 11 Million units made tradeable

Sun, May 5, 2019 5:24 PM on Latest, NEPSE News, Share Listed,

Nepal Stock Exchange Limited (NEPSE) has published circulars regarding listing of bonus shares of four companies namely, Himalayan Bank Limited (HBL), Salt Trading Corporation (STC), Mission Development Bank (MIDBL) and Soaltee Hotel Limited (SHL)

As per the notice, 4,057,265 Units Bonus Shares of Himalayan Bank Limited has been listed on the stock exchange. The bank had issued 5% bonus shares and 10.78% cash dividend out of the profits of FY 74/75.

Also, 307,424 Units Bonus Shares of Salt Trading Corporation Limited has been listed on the stock exchange. The company had issued 25% bonus shares and 10% cash dividend out of the profits of FY 74/75.

Similarly, 571,208.22 Units Bonus Shares of Mission Development Bank Limited has been listed on the stock exchange. The development bank had issued 11% bonus shares out of the profits of FY 74/75.

And, 6,661,163 Units Bonus Shares of Soaltee Hotel Limited has been listed on the stock exchange. The company had issued 10% bonus shares and 16.31% cash dividend out of the profits of FY 74/75.

A total of 11,597,060.22 units of bonus shares have been made tradeable on the secondary market.