Chilime Hydropower Company Limited has distributed a mindblowing
295percent cash dividend and 100 percent bonus share to the shareholders
from the net profit it made over the past decade.
Dhulikhel based Naya Nepal Laghubitta Bikash Bank Limited (NNLBBL) is
issuing IPO from 3rd October 2013 till 7th October 2013. NLBBL a D class
micro finance company which is licensed to operate in 10 districts of
mid and eastern region of the country. It is issuing 60,000 units of
share worth Rs.6,000,000 for the ordinary public -including 1,200 units
for the staffs of the company and 3,000 units for the mutual funds.
However, no mutual funds have applied for the shares. An investor can
apply for minimum 50 units and maximum for 5,000 units.
Rural Micro Finance Corporation (RMDC) today has signed an agreement
with Nepal Stock Exchange (NEPSE) for listing of its 5.2 million units
share. As per the NEPSE rule, investors are able to trade RMDC share
only after 7 days of agreement.
With the number of financial institutions going public waning,
primary investors will see more hydropower companies entering stock
market.
