business

MTCC Shares

MTCC shares to sell for MVR 62

Five million shares to be sold

Rushdha Rasheed, Raajje.mv | 1 އޮކްޓޯބަރު 2017 | އާދީއްތަ 19:53

Ceremony held to announce rights issue

Maldives Transport and Contracting Company Plc. (MTCC) is to sell off five million shares to their existing shareholders.

In the ceremony held in Hotel Jen, the company announced their rights issue.

The five million shares are expected to generate MVR 305 million and will be sold to 22,000 shareholders. The shares will be sold from 19th October to 3rd November. The share earnings will be used in development projects of the company.

In 2016, the company earned MVR 1.3 billion and made MVR 115.3 million in profits.

Comments

On This Day

March 12

Police fail to disclose details of arrests made in national security operation

20251 Year Ago

local

O'Level and A'Level examinations to be held in May/June: Education Ministry

$Strada Pvt Ltd to sue government \'for damages\' over Newport View eviction notice$

20197 Years Ago

local

Strada Pvt Ltd to sue government \'for damages\' over Newport View eviction notice

Ooredoo Maldives introduces new packages for postpaid customers

20188 Years Ago

business

MTCC shares to sell for MVR 62

Comments

BML to distribute dividends at MVR 20

STO sets dividends for last year at MVR 51

MIRA rakes in MVR 1.3 billion in March

MTCC opens opportunity to rent out vessels

BML Board of Directors passes to disburse MVR 20 per share

On This Day

Police fail to disclose details of arrests made in national security operation

All Indian troops in Addu City depart

Maldives confirms six new Covid-19 cases

First Lady attends closing ceremony of Milo Academy Championship

O'Level and A'Level examinations to be held in May/June: Education Ministry

Strada Pvt Ltd to sue government \'for damages\' over Newport View eviction notice

Ooredoo Maldives introduces new packages for postpaid customers

MTCC shares to sell for MVR 62

Comments

BML to distribute dividends at MVR 20

STO sets dividends for last year at MVR 51

MIRA rakes in MVR 1.3 billion in March

MTCC opens opportunity to rent out vessels

BML Board of Directors passes to disburse MVR 20 per share

On This Day

Police fail to disclose details of arrests made in national security operation

All Indian troops in Addu City depart

Maldives confirms six new Covid-19 cases

First Lady attends closing ceremony of Milo Academy Championship

O'Level and A'Level examinations to be held in May/June: Education Ministry

Strada Pvt Ltd to sue government \'for damages\' over Newport View eviction notice

Ooredoo Maldives introduces new packages for postpaid customers