City Hotel Limited Rights Issue: Deadline Alert for Shareholders!
Attention all investors! A crucial deadline is fast approaching for City Hotel Limited (CHL) shareholders. If you’re looking to participate in the upcoming 80% rights share issuance, mark your calendars! Today, Shrawan 26, 2082, is the last day to ensure you are eligible.
The book closure date has been set for Shrawan 27, 2082. This means that only those shareholders officially registered by today’s deadline will be able to apply for the rights shares. Don’t miss out on this investment opportunity!
City Hotel Limited is offering a significant rights issue, representing 80% of its existing paid-up capital. This represents a substantial chance for existing shareholders to increase their holdings in the hotel company. A total of 1,33,92,000 shares will be issued, each with a par value of Rs. 100. This translates to a total issue size of Rs. 1 arba 33 crore 92 lakh.
The Securities Board of Nepal (SEBON) has already given its approval for the rights issue, granting the green light on Shrawan 4, 2082. This is a positive sign for CHL’s future and presents a compelling prospect for stock market participants.
Prabhu Capital Limited is managing the entire rights issue process, ensuring a smooth and efficient offering for shareholders. Make sure to contact them with any queries or if you require support in applying for these new shares.
Don’t delay! Take the necessary steps today to secure your eligibility for this exciting rights issue from City Hotel Limited. Act now to secure your place in this stock market opportunity! The investment process can be complex, so consulting with a financial advisor is often a good idea. This is a crucial moment for shareholders of City Hotel Limited.
