Capital Merchant Banking and Finance has received permission from Securities Board Nepal (SEBON) for 1:1.5 rights issue.
Going by this permission, the finance company will issue 5,610,417 rights shares among its shareholders, raising its paid-up capital to Rs 935.06 million, the company said issuing a press statement on Monday.
Capital Merchant Banking and Finance is presently operating with four branches. It has also been providing ATM service and any-branch-banking-facility (ABBS) to its clients.
Source:Republica
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Saturday, January 16, 2010
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