Only 2 trading days left to clinch 15% Right Share of Metro Dev Bank, book closure on 22nd Asad
Fri, Jul 3, 2015 12:00 AM on Dividend, Bonus & Rights,
ShareSansar, July 3:
Pokhara based Metro Development Bank Limited (METRO) 5thAGM held on Kartik 29, 2071 had endorsed 20:3 (15%) right shares and now the development bank has announced the book closure date for the same.
The book closure date for 2,78,504.4 units right issue has been set for Ashad 22. Only the shares registered one day ahead of the book closure date i.e Ashad 21 will be eligible for the right shares.
After the issuance of the approved 15 percent right shares of the development bank, the Paid up capital will increase from the existing Rs 185.66 million to Rs 213.52 million.
The bank had given 16% bonus share to its shareholders from the profit it made in 2070/71 FY.
Metro Development Bank Limited had a net profit of Rs.34.23 million in its 3rd quarter of the current fiscal year 2071/72.
Its last traded price stood at Rs 324 as on July 2 in the NEPSE.
