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Tuesday, October 7, 2008

NCM to give dividends and right share

NIDC Capital Markets Ltd. has proposed 30% Bonus Share, 5% Cash Dividend and 1:2 right share on approval of Nepal Rastra Bank. As indicated by of the unaudited 4th quarter financial report, NCM posted Rs. 41.909 million profit and after the study of Preliminary Audit Report of the auditor the company took this decision. NIDC Capital Markets Ltd, (NCML) is the first merchant bank in Nepal. A s a pioneer in Merchant Banking, NCML has successfully handled the activities as a Market Maker, Issue Manager and Registrar to the Issue. NCML has always been proactive in introducing new instruments in the market.
Source: Jamb News Service

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