City Hotel Rights Shares: Last Day to Secure Your Investment!
Are you a City Hotel Limited shareholder? If so, today is a crucial day! Today marks the final day to secure your rights shares in City Hotel Limited. Don’t miss out on this valuable opportunity!
City Hotel Limited is offering an 80% rights share issuance, presenting a significant investment opportunity for current shareholders. The company has set tomorrow, the 27th of Saun, as the book close date for this rights offering. This means that only shareholders recorded as of today, the 26th of Saun, are eligible to participate in the rights issue.
This rights share offering is based on an 80% ratio of the current paid-up capital. In this rights share issuance, City Hotel Limited will issue a total of 13,392,000 units of rights shares, each with a face value of Rs 100. This translates to a total of Rs 1.3392 billion worth of rights shares. The Nepal Securities Board (Sebon) approved the rights issue on the 4th of Saun, paving the way for shareholders to acquire these valuable rights shares.
Prabhu Capital Limited is managing the rights share issuance and sales. This is a key piece of information for shareholders seeking information on how to participate in the rights offering. This rights share offer is an excellent way for investors to potentially increase their holdings in City Hotel Limited. Stay informed about your investment options and secure your rights shares today! Don’t wait; the deadline is fast approaching! This rights share opportunity is important for all City Hotel Limited shareholders. Don’t delay your investment strategy and ensure you take advantage of this rights share offer.
