Al-Mansour Bank giving shareholders 51% free shares, Is this a first BIG NEWS HERE???

[Kickabuck]

Al-Mansour Bank is being very generous to shareholders, giving them 51% free shares!!!! Woo-Hoo!!!

Al-Mansour bank is also only offering paid up shares to the major shareholder Qatar, who gets to buy 85 percent paid ups giving them a majority with 51 percent! Qatar has deep pockets, get in this now...or forget you ever read this.


236 Billion capital baby...this racehorse pulls out in front!

As an added bonus for reading this, they're also giving a 7.12% cash dividend to shareholders. Another Woo Hoo !!!
　

[WhiteFeather]

Al-Mansour Bank (BMNS)
Al-Mansour Bank (BMNS) held its General Assembly (GA) meeting today (March 6, 2012). In this meeting, shareholders approved the board decision to increase the capital from ID100bn to ID236bn through 51% bonus issue and 85% rights issue. Rights issue will be only paid by the major shareholder, Qatar National Bank (QNB) and its share in the bank will reach 51% from 23%. In addition, BMNS decided to distribute 7.12% cash dividend to shareholders.

Kick is on top of this one.

[WhiteFeather]

Al-Mansour Bank For Investment (BMNS), a private bank, was founded in Iraq on September 13th, 2005. The bank opened its main branch on April 17th, 2006 in Baghdad. Then, two more branches were opened in Iraq one in Suleymania and the other in Arbil. The bank reached four branches as of the end of 2009, two in Baghdad. The major shareholder is Qatar National Bank (www.qnb.com.qa).

Last Update: Sep 19, 2010

[Kickabuck]

Impressive numbers for Mansour Q1, 2012. Revenue up 200% from a year ago, net profit up 300%

[calstar]

Great info thanks KB and WF

[TrinityeExchange]

i think i have my answer concerning getting into this stock. i love the investment community on this site. glad i finally have posting abilities after 6+months of requesting.