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NIC Bank rights issue 2014
Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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Quote:To bolster this tremendous growth further, the Board of Directors have approved additional capital raise to be conducted in the course of 2014. The Bank will therefore be seeking additional capital through a corporate bond and a rights issue within the course of 2014 subject to approvals from the shareholders and the Capital Markets Authority. This is a good one 
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Rank: Chief Joined: 1/3/2007 Posts: 18,122 Location: Nairobi
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DTB stole a march on them. They should have announced it much sooner. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Still a right time for them before bear thinks of knocking at the counter 
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NIC Bank rights issue 2014
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