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Islamic Finance Briefing - Categorized | Banking, Capital Market (Equity, Mutual Funds) more

Bank Muscat to increase its capital to RO 350 mln

Posted on 21 March 2013

Bank Muscat shareholders yesterday granted approval for raising the authorised capital of the flagship financial services provider in the Sultanate from RO 250 million to RO 350 million, with a nominal value of 100 Baisa each.
The extra-ordinary general meeting of shareholders also approved to increase the issued share capital from RO 203,851,068 divided into (2,038,510,684) shares to RO 215,226,068 divided into (2,152,260,684) shares with a nominal value of 100 Baisa each………………………………………..Full Article: Source

 
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