Ashour Bank and Mansour Bank

[Seaview]

Ashour Bank

The General Board of the Bank of the UNESCO international meeting on 2009/6/16 and decided to increase the company's capital in accordance with article (55 / II) of the Companies Act or the capitalization rate (15%) had no increase in the company (50) billion dinars to (57,500) billion dinars, as stated in the bulletin of the electronic trading market for the Iraq Stock Exchange

http://www.isx-iq.net/page/arabic/bu.../21-6-2009.htm




Mansour Bank

The General Board of the Company for Investment Bank Almansoor on 2009/5/11 meeting and decided to increase the company's capital in accordance with article (55 / II) of the Companies Act or the capitalization rate (23%) had no increase in the company (60,500) billion dinars to (75) billion dinars, and as stated in the bulletin of the electronic trading market for securities Iraq

Http://www.isx-iq.net/page/arabic/bu.../21-6-2009.htm

[lglwzrd]

i own ashour bank-what does this mean?? free money, free shares, reduced cost of shares??

[AbuSpinoza]

55/I means that you should be able to purchase new shares at the (fairly consistent) rate of 1 share for 1 Dinar...therefore, action required if you wish to add to your portfolio.

55/II means your only action is to monitor your account to see that you receive(d) the free shares / dividends declared by the company.