Power

Api Power Company has received preliminary approval from the ERC to issue right shares at a 1:0.40 ratio. 3
Dividend

Api Power Company has received preliminary approval from the ERC to issue right shares at a 1:0.40 ratio.

The Electricity Regulatory Commission has given preliminary approval to Api Power Company Limited (API) to issue 16,533,137 units of right shares. On February 2, the board of directors proposed issuing 40% of the paid-up capital in right shares.  After adjusting for 7.5% bonus shares, the company’s paid-up capital will be Rs. 4.13 Arba.  As a result of the 1:0.40 (40% rights issue), the company’s paid-up capital will be increased to Rs. 5.78 Arba.  The company proposed issuing the right shares to pay off the debt of the projects that it is producing.

7 Stock Market Investing Tips 5
Stock Exchange

7 Stock Market Investing Tips

Have you decided to invest in the stock market? Consider these 7 stock market investing tips when making your investments. 1. Have a solid comprehension of basic economic principals. Before you get started, you should understand basic principals and laws of economics. The stock market closely follows the law of supply and demand. For example, when

What is the Internet of Things (IoT)? 17
How To | What Is, Other How To Topics

What is the Internet of Things (IoT)?

You’ve already heard of smart devices, autonomous robots, and self-driving cars in some form or another. They are undoubtedly innovative, but they aren’t as clever as they seem. The biggest drawback of these smart devices is their limited ability to communicate with the outside world. A car can drive itself and avoid external obstacles, but

What Stock Market Basics Do You Need To Know? 21
Stock Exchange

What Stock Market Basics Do You Need To Know?

To succeed in the business of stocks, learning the stock market basics of the trade is essential. The stock market is a complicated game and knowledge is power when it comes to financial freedom. The decisions you make can yield unlimited earnings or completely break your budget. While there is some level of gambling involved

Scroll to Top