City Hotel Limited will close its shareholder register on Shrawan 27 for the upcoming 80% right share issuance.
City Hotel Limited has announced that the book closure date for its right share offering is set for Shrawan 27, 2082. Shareholders who are listed in the company’s records by Shrawan 26 will be eligible to apply for the rights shares.
The company plans to issue rights shares equivalent to 80% of its current paid-up capital. This amounts to 1,33,92,000 shares at a par value of Rs. 100 per share, totaling Rs. 1.3392 arba.
The Securities Board of Nepal (SEBON) granted approval for the issuance on Shrawan 4, 2082. Prabhu Capital Limited has been appointed as the issue and sales manager for the offering.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
