Dividend News
Recent dividend, bonus-share, and right-share announcements from the Nepal market.
Royal Merchant Banking and Finance has listed 14,59,976 units of right share and bonus share on the secondary market.
Three working days remain to subscribe to Api Finance Limited’s 1:1 right share issue.
The deadline for the 2:1 right issue is extended until 6th Baisakh 2068.
Shareholders of Butwal Finance Limited will receive a 30% bonus share, starting 20th Chaitra 2067, distributed from the head office in Rupadehi and branch office in Durbarmarg.
Rights share issuance will begin on 5th Baisakh 2068, with NCM Merchant Banking serving as the issue manager.
Gurkha Development Bank has issued 2:1 right shares to its promoters under a Call in Advance offer, making the shares immediately payable. The call provision allows promoters to redeem the shares at any time before market close.
Investors are notified of a rights share issuance. Review the notice for details and deadlines.
Shareholders will receive a 15% cash dividend beginning 16th Chaitra 2067 via Elite Capital.
The rights issue closes on 17 May 2011, allowing shareholders to subscribe to new shares at a 10:4 ratio. Applications are accepted from 13 April to 17 May 2011.
Certificates for Prime Commercial Bank Ltd.'s allotted right shares will start distributing on 2067/12/13.
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