Multipurpose Finance (MPFL) seeks approval from SEBON to issue 35% right shares.

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Multipurpose Company Limited handled the process of issuing rights shares (MPFL). In an filed on February 29, the company requested approval from the Securities and Commission (SEBON) to issue rights shares.

If grants permission the said right shares, MPFL will distribute 35 percent of the paid-up capital, or 1:0.35, to shareholders. It states that a total of 15.82 lakh shares will be sold a nominal price of Rs. 1



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