SEBON Approves 50% Right Shares of Mahuli Laghubitta

Oct 01, 2018 Merolagani

Securities Board of Nepal (SEBON) has approved 50 percent right shares of Mahuli Samudayik Laghubitta (MSBL). The company will issue 300,000 units of right shares at a ratio of 2:1 to its existing shareholders as approved by its past AGM.

Presently, the company has a paid-up capital of Rs 60 million that will reach Rs 90 million after the right issue.

The company has appointed Sunrise Capital as its issue manager. In the last FY, the company earned a net profit of Rs 14.7 million and has maintained EPS of Rs 24.63.

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