I am planing to open an account but want some users review of capital max securities.
View on r/NepalStock by Tsukiknows
Tag: Capital
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Citizens Capital Distributes 8% Cash Dividend to ‘Citizens Mutual Fund-2’ Unit Holders
Citizens Capital Limited has provided an 8% cash dividend to the unit holders of “Citizens Mutual Fund – 2 (CMF2)” directly to their bank accounts, along with encouraging them to convert their physical shares into electronic format.
For the last fiscal year, 2079/2080, the fund declared an 8% return and closed its books on Bhadra 19 to facilitate cash dividend distribution. Starting from the 8th of Ashwin, 2080, the fund initiated the process of depositing these returns into the beneficiary accounts of the unit holders.
Additionally, the company is making a request to unit holders, particularly those who haven’t updated their bank information within their Demat accounts, to consider dematerializing their shares.
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Sunrise Capital Distributes Cash Dividend to ‘Sunrise First Mutual Fund’ Unit Holders
Sunrise Capital Limited is delivering a 16% cash dividend for “Sunrise First Mutual Fund” directly to the bank accounts of its unit holders. They have encouraged unit holders to convert their physical shares to electronic format.
The fund had previously declared a 16% return for the fiscal year 2079/2080. Starting from the 26th of Ashwin, 2080, the fund will credit this return to the beneficiary accounts of the unit holders.
Furthermore, the company is urging unit holders, especially those who haven’t updated their bank information in their Demat accounts, to dematerialize their shares.
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Citizens Capital’s 17th AGM Approves 12% Cash Dividend
Citizens Capital held its 17th Annual General Meeting (AGM) on Ashoj 19, 2080, chaired by the company’s chairman.
During the AGM, the shareholders approved a 12% cash dividend proposal, along with reviewing the financial reports for the fiscal year 2079-80, according to a media statement.
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NMB Capital Distributes Cash Dividend to Unit Holders of ‘NMB Hybrid Fund L-1’ and ‘NMB 50’
NMB Capital Limited will be giving a 15% cash dividend to the unit holders of “NMB Hybrid Fund L-1” and “NMB 50” directly into their bank accounts. They are encouraging unit holders to convert their shares into electronic form.
Both funds had earlier announced a 15% cash dividend for the fiscal year 2079/2080. NMB Hybrid Fund L-1 will deposit the dividend in the unit holders’ beneficiary accounts starting from the 21st of Ashwin, while NMB 50 will do so from the 22nd of Ashwin, 2080. The bank advises all unit holders to check their beneficiary accounts for the dividend.
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NIC ASIA Capital Launches Idea to IPO Advisory for National Solar Power Company’s 7.24 Lakh Unit IPO
NIC ASIA Capital has taken a significant step in fostering the growth of National Solar Power Company by entering into a transformative agreement. This partnership brings to life the “Idea to IPO” corporate advisory service, a comprehensive support package that extends from the inception of the company through to its IPO issuance and beyond. National Solar Power Company, with its current operation of a 5 MW solar energy project in Pratapur, Nawalparasi, is poised to expand its horizons by offering 7.24 lakh unit ordinary shares at a price of Rs. 100 per unit to the general public. With this collaboration, NIC ASIA Capital reaffirms its commitment to guiding companies on their journey from innovative ideas to thriving IPOs, propelling the solar energy sector towards a brighter and more sustainable future.
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Global IME Capital Mutual Fund Sees Rise in Net Loss and NAV Decline
The Net Asset Value (NAV) report for “Global IME Balanced Fund – 1 (GIBF1)” in the month of Bhadra is out.
This is a closed-end fund with a 10-year maturity period and a fund size of Rs. 1.02 Arba.
In Bhadra, the NAV stands at Rs. 9.76, slightly down from the previous month’s Rs. 9.82. The fund has invested Rs. 77 Crore in listed shares and Rs. 4.36 crore in non-listed shares.
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NMB Capital’s 4 Mutual Funds Report Lower NAV in Bhadra
NMB Capital Limited has released the Net Asset Value (NAV) Report for Bhadra, 2080.
NMB Hybrid Fund L-1 (NMBHF-1), a 7-year mutual fund managed by NMB Capital, has shared its financial update for the same month. The NAV for Bhadra declined to Rs. 11.79, down from the previous month’s Rs. 11.99.
Starting with a fund size of Rs. 1 Arba, this scheme has invested Rs. 34.51 crores in listed shares and Rs. 1.61 crores in public issue, right shares, and bonus shares. Additionally, it has put Rs. 37.32 crores into bonds and debentures, with Rs. 25.70 crores in fixed deposits and a bank balance of Rs. 17.48 crores.
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What effect does new revision of loans on Capital loan have on market?
It seems the loan period has been extended and loan pressure is decreased. So, it seems market is going to have more cash flow?
View on r/NepalStock by roshamns
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Is there provision of capital gain tax on mutual funds?
Is there a provision for capital gain tax on mutual funds? If there is, how much capital gain tax is to be paid? Are closed-ended mutual funds and open-ended mutual funds treated the same for the purpose of taxation?
View on r/NepalStock by Massive_Belt_538
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Siddhartha Capital’s 12th AGM: Financial Reports, Dividend, and Auditor Appointment on Agenda
Siddhartha Capital Limited (SIDCL) has announced its 12th Annual General Meeting (AGM), scheduled for the 25th of Ashwin, 2080 (October 12, 2023). The meeting will convene at Siddhartha Capital’s headquarters in Naxal, Kathmandu, commencing at 4 pm on that day.
The AGM will address several key agendas, including the endorsement of financial reports for the fiscal year 2079/80. Additionally, the meeting will seek approval for the auditor’s report, which encompasses Profit and Loss (PL) statements, financial reports, and cash flow reports for the same fiscal year. Furthermore, the appointment of an auditor for the upcoming fiscal year 2080/81 will be presented for endorsement.
One of the significant matters to be discussed and approved during the AGM is the declaration of a 25% cash dividend, which includes taxes and amounts to a total of Rs. 5 crores. This dividend distribution represents an important decision that will impact the company’s shareholders.
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Prabhu Capital Limited to Hold 15th AGM: Dividend and Key Agendas on the Table
Prabhu Capital Limited (PRABHU) has convened its 15th Annual General Meeting (AGM) for the 19th of Ashwin, 2080. The meeting is scheduled to take place at the Aranya Boutique Hotel and Restaurant, located on Nagpokhari Marga in Kathmandu, and is set to commence at 1:00 PM on that day.
One of the primary items on the AGM’s agenda is the endorsement of dividends. The company’s board has proposed the distribution of cash dividends, amounting to 6.3158% inclusive of tax, derived from the profits of the fiscal year 2079/80.
Additionally, the AGM will address several other important matters, including the approval of financial reports for the fiscal year 2079/80, the endorsement of the auditor’s report containing Profit and Loss statements, Balance Sheet, Financial reports, and cash flow reports for the same fiscal year. The meeting will also consider the appointment of auditors and the determination of their remuneration for the fiscal year 2080/81.
Furthermore, there will be discussions and decisions regarding the appointment of new Directors to the company’s board. These various agenda items reflect the company’s commitment to transparency, financial accountability, and effective corporate governance, ensuring the interests of its shareholders and stakeholders are duly considered and addressed.