Prudential Finance Company Ltd. has decided to provide 1:2 right shares to its share holders. The decision was made at the 5th Annual General Meeting of the company on Thursday held at Kathmandu.
The company has made a deposit of Rs. 490 million and credit/lending of Rs. 580 million in this fiscal year. Formerly named as, Prudential Merchant Banking and Finance Ltd., with the corporate office at Kathmandu, the 58 finance company of Nepal has the authorized capital of Rs. 200 million.
Source:
Jambnews Service
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Friday, June 5, 2009
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