Thursday, September 24, 2009

IME's Bonus Shares

The fifth AGM of IME Financial Institution Ltd on Tuesday decided to issue 20 per cent bonus shares. The company is also issuing rights shares in 1:3 ratio to increase capital. According to a company statement, after the issue of bonus and rights shares the authorised and paid-up capital will be Rs 4 billion and Rs 1.2 billion, respectively.

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