Kabeli Bikas Bank floats rights shares at 11:4 ratio

Kabeli Bikas Bank Limited has floated 80,000 units of its 11:4 ratio right shares from Jan 19.

The issuance of the rights shares of face value Rs 100 will end on February 23.
Elite Capital Limited, Jamal, Kathmandu is the issue manager.

It may be noted here that as the development bank has already announced book closure from December 20, only those who held shares of the bank till December 20 are eligible for the rights shares. -SSN