Womi Microfinance Seeks Right Approval

Mar 25, 2019 Merolagani

Womi Microfinance Bittiya Sanstha (WOMI) has sought approval from Securities Board of Nepal (SEBON) for the issuance of 100 percent right shares on March 22.

The company is planning to issue 1,010,880 units of right shares to its existing shareholders at a ratio of 1:1.

The company has appointed Siddhartha Capital as its issue manager. After the right issue, the paid-up capital of the company will reach Rs 202.1 million.

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