Sunrise Bank’s 10:1 ratio rights shares application to open from Falgun 22
Wed, Feb 11, 2015 12:00 AM on Others,
ShareSansar, February 11:
Sunrise Bank Ltd is opening its 10:1 ratio rights shares from Falgun 22. According to the notice published by the bank today, it said that the rights issue will be opened for 35 days and closed on Chaitra 26.
The 6th AGM of Sunrise Bank Limited held on Baisakh 21, 2071 has already approved the agendas to issue right share.
It has announced its book closure date for its upcoming right share issue on Falgun 6. Only those shareholders who own the shares of the bank till Falgun 4 will be entitled to get the dividends to be offered by the bank since there is public holiday on Falgun 5.
The bank is floating a total of 22,36,650 units of shares on the face value of Rs 100.
After the adjustment of this issued rights shares, the bank’s total paid-up capital will reach to Rs 2.46 arba from existing Rs 2.23 arba. The bank has an authorized capital of Rs 5 arba.
Interested shareholders can collect the application forms from the any branch of Sunrise Bank as well as from the Civil Capital Market Ltd’s office Kamladi. Civil Capital Market Ltd is the issue manager of the right issue of Sunrise Bank.
The rights share has received ‘[ICRANP] IPO Grade 3’ from the credit rating agency ICRA Nepal.
