I got allotted for this, is it good ?
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Tag: RBB
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RBB Merchant Banking Announces AGM with 13.16% Dividend Proposal
RBB Merchant Banking Limited has announced its 8th Annual General Meeting (AGM) on the 29th of Ashwin, 2080. The AGM will take place at the company’s head office, Singhadurbar Plaza, Kathmandu, starting at 4 pm.
The key agendas for the AGM include:
1) Approval of financial reports for the fiscal year 2079/80.
2) Approval of the auditor’s report, which includes PL statements, financial reports, and cash flow reports.
3) Approval of a 13.16% cash dividend, which already includes the tax.
4) Appointment of auditors and determination of their remuneration for the fiscal year 2080/81.
5) Miscellaneous matters to be discussed during the meeting. -
RBB Merchant Banking Closes RBB Mutual Fund 2 Issue to General Public
RBB Merchant Banking Limited has concluded the public offering of its mutual fund scheme, “RBB Mutual Fund 2,” on the specified date of 31st Baisakh. The offering, which initially opened on the 17th Baisakh and was intended to close on the 21st Baisakh, had been extended due to an insufficient number of applications.
Out of a total of 12 crore unit shares, the fund sponsor, Rastriya Banijya Bank Limited, has been allocated 15% or 1.80 crore units worth Rs. 18 crores. The remaining 10.20 crore units were made available to the general public.
As reported by CDSC (Central Depository System and Clearing Ltd.), as of 5 PM last Friday, a total of 15,651 applicants have applied for 46,046,424 units worth Rs. 46.04 crores.
“RBB Mutual Fund 2” is a closed-end fund that will be traded on the Nepal Stock Exchange (NEPSE) and has a maturity period of 10 years. Interested applicants were able to apply for a minimum of 100 units up to a maximum of 12,000,000 units.
RBB Merchant Banking Limited currently manages another closed-end fund, RBB Mutual Fund 1 (RMF1), in the market.