BankDhofar rights issue to open on October 5

22/09/2016 05:53 AST

BankDhofar on Wednesday said that its rights issue subscription will open between October 5 and 19.

Shareholders of BankDhofar, who have 1,000 shares of the bank, will be entitled for 117 rights shares duly rounded down to the nearest number, the bank said in a disclosure statement posted on MSM website.

The record date for the rights issue is September 27. Also, the rights trading period is fixed between October 2 and 16.

Bank Dhofar in July said that it is raising OMR40 million at an issue price of 200 baisas per share, which include a nominal value of 100 baisas, a premium of 98 baisas and an issue expense of 2 baisas.

The bank will be issuing 200 million rights shares to its shareholders to increase its tier 1 capital in order to improve the capital adequacy ratio, strengthen the balance sheet and to support the future growth of the bank’s business.


Times of Oman

News

BankDhofar approves 20% dividend

01/04/2018

The Board of Directors of BankDhofar held its Annual General Meeting at intercontinental Muscat on March 27, 2018 (Tuesday).

The meeting was chaired by Eng. Abdul Hafidh Salim Rajab Al Auj

Times of Oman

BankDhofar approves 20pc dividends

01/04/2018

The Board of Directors of BankDhofar has conducted its Annual General Meeting at intercontinental Muscat on March 27, 2018. The meeting was chaired by Abdul Hafidh Salim Rajab al Aujaili, Chairman of

Oman Daily Observer

PEIE, BankDhofar join hands to boost investments in the Sultanate

20/02/2018

The Public Establishment for Industrial Estates (PEIE) and BankDhofar signed on Sunday a Memorandum of Understanding with the aim of attracting foreign investment that will bring new industries, gene

Oman Daily Observer

Most Viewed Companies

Ticker Price Volume
SABIC 114.77 5,915,941

Valuation

BKDB Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
BKMB 0.38 0.00 (0.52%)
NBOB 0.19 0.00 (0.00%)
OMVS 0.36 0.00 (0.00%)
BKSB 0.14 0.00 (1.41%)
ABOB 0.16 0.00 (1.93%)

Recent News

SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News

logo

Financial Information Co.

P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap