Samata Microfinance to issue 50% right issue from July 11

Jun 24, 2018 Merolagani

Samata Microfinance (SAMATA) is set to issue 50 percent right shares from July 11-August 14.   The company will issue 189,600 units of right shares at a ratio of 2:1 to its existing shareholders.

Samata Microfinance has appointed NIBL Ace Capital as its issue manager.

The company is closing its book on June 27 for the right issue, thus, the shareholders registered in its book till June 26 will be eligible to apply for the right shares.  

The interested shareholders can apply for the right shares from NIBL Capital Market, Lazimpat, Laldurbar-Kathmandu, Lagankhel-Lalitpur, Chipledhunga-Pokhara, Aadarshanagar-Birgunj, Traffic Chowk-Butwal and Golchha Chowk-Biratnagar. Moreover, the shareholders can apply from all branches of Samata Microfinance and all C-ASBA approved BFIs.

Presently, the company has a paid-up capital of Rs 37.9 million that will reach Rs 56.8 million after the right issue.

 

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