NCDB issues 2,643,538 units right shares from today

Kathmandu: Nepal Community Development Bank Limited (NCDB) issued 120 per cent right share to its shareholders from Thursday.

The rights issue will remain open for 35 days before closing on November 15, 2017.

Only those shares registered one trading day ahead of the book closure date are eligible to apply for the right shares, according to the NCDB.

NCDB is issuing 26,43,538.80 units right shares at a par value of Rs 100 per unit. NIBL Capital Market Limited is the issue manager for this right issue.

Interested applicants can collect application forms from NIBL Capital Market Limited, Lazimpat, Kathmandu and from designated branches of Nepal Community Development Bank Limited and Nepal Investment Bank Limited.