98,10,000 Bonus Shares of Citizen Investment Trust Now Listed in NEPSE

 

98,10,000 Bonus Shares of Citizen Investment Trust Now Listed in NEPSE

The 27th AGM of the organization hung on Bhadra 06, 2079 supported 30% extra offers and 1.5789% money profit (for charge purposes) for monetary year 2077/78. The extra offers are worth Rs. 98.10 crores and the money profit merits a little over Rs. 5.16 crores. A similar extra offers are currently recorded in NEPSE.

As of composing, CIT has a LTP of 1,870.

Introduction

Citizen Investment Trust (Nagarik Lagani Kosh), a statutory institute under Citizen Investment Trust Act, 2047, has ownership of Nepal Government as a public financial organization. It was established on 18th March, 1991(4th Chaitra, 2047B.S) as an autonomous body. Formally it has been operating its activities since 15th January, 1992 (1st Magh, 2048. It operates and manages various types of retirement schemes / programs as well as various unit schemes and mutual fund program for both domestic and foreign investors to encourage the people for saving in order to expand fund and increase the investment opportunities along with the dynamic development of the capital market to contribute economic development of the nation.

Source : www.mrnepse.com