NIC Asia Bank completes its annual meeting and approves right shares
NIC Asia Bank has successfully completed its 28th Annual General Meeting in Kathmandu, approving the proposal to issue 2:1 right shares to its shareholders.
right share
Right Share Issuance: Dolti Power, Oriental Hotels, and Bhugol Energy Seek SEBON Approval
Three listed companies—Dolti Power Limited, Oriental Hotels Limited, and Bhugol Energy Development Limited—have submitted applications to the Securities Board of Nepal (SEBON) requesting permission to issue right shares. These companies are seeking to raise additional capital by offering new shares to their existing shareholders. According to the records at SEBON, Dolti Power applied on Mangsir … Read more
What Is Right Share Issue In Nepal?
A rights issue is an offering of rights to the existing shareholders of a company or an invitation to them that gives them an opportunity to buy additional shares of the company at a discounted price. One of the biggest advantage of the right share is that you can buy the additional share in extremely … Read more