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Cutoff price for 2.98 lakh units auctioned ordinary shares of NIC Asia Bank set at Rs 411

2017-06-23 NIC Asia Bank Limited (NICA) had auctioned its 2,98,536  units ordinary shares to the general public from Asadh 1 to Asadh 8, 2074. The bids were opened today at NIC Asia Capital, Babarmahal at 1:30 PM. As per an official of…

42,788.32 units auctioned shares of Prabhu Insurance allotted at cutoff price of Rs 980.10; promoter cutoff at Rs 450

2017-06-23 Prabhu Insurance Limited (PRIN) had auctioned its 42,788.32 units ordinary shares and 5,334.48 units promoter shares to the general public from Jestha 31 to Asadh 7, 2074. The bids were opened today at Prabhu Capital at 12:00 PM. An official of…

Only 2 days left to apply for 40% right share of Nepal SBI Bank; issue closes Sunday

2017-06-23 Nepal SBI Bank Limited (SBI) has been issuing 1.99 crore units right shares in the ratio 10:4 from Jestha 7, 2074 and coming Sunday (Asadh 11, 2074) is the last day to apply for the same. NMB Capital Limited has…

Laxmi Bank to auction 3.94 lakh units unclaimed ordinary right shares from Asadh 16; LTP at Rs 384

2017-06-23 Laxmi Bank Limited (LBL) is going to ­auction its unclaimed right shares from Asadh 16, 2074. The commercial bank is auctioning 3,94,939 units ordinary shares after the right shares issued from Baisakh 3 to Jestha 7, 2074 were not fully…

Ngadi Group to build 40.27 MW Super Nyadi Hydropower Project; to issue 63 lakh units promoter shares for locals

2017-06-23 Siuri Hydropower Company, promoter of Ngadi Group Power Limited (NGPL) is going to build a 40.27 MW Super Nyadi Hydropower Project along the Nyadi river in Lamjung district. The project is being built with a total investment of Rs 7…

National Hydropower 20th AGM on Shrawan 31; to endorse merger/acquisition with other Hydropower companies

2017-06-23 National Hydropower Company Limited (NHPC) will be convening its 20th Annual General Meeting (AGM) on Shrawan 31, 2074. The AGM will be held at Army Officer Club, Bhadrakali, Kathmandu at 11 AM. Main Agendas of AGM are: Authorized BOD to…

Bhargav Bikas Bank to issue 80% right share; NMB Capital appointed issue manager

2017-06-23 Bhargav Bikas Bank Limited (BHBL) has appointed NMB Capital Limited for issue management of its upcoming 10:8 right shares. Mr. Pushkar Raj Joshi, CEO of BHBL and Mr. Shreejesh Ghimire, CEO of NMB Capital signed the issue agreement. BHBL will…

Gurans Life Insurance to endorse 8% bonus & 50% right share; 8th AGM today

2017-06-23 Gurans Life Insurance Company Limited (GLICL) is conducting its 8th Annual General Meeting (AGM) today (Ashad 9, 2074). The AGM is being held at Baneshwor Banquet, Thapagaun, New Baneshwor, Kathmandu at 11:00 AM. The main agendas of the AGM are: To…

Global IME Bank & Reliable Dev. Bank separate SGM today; to approve acquisition of Reliable by Global IME Bank

2017-06-23 Global IME Bank Limited (GBIME) and Reliable Development Bank Limited (REDBL) have called for their separate SGMs (Special General Meeting) to endorse final approval for the acquisition of GBIME by REDBL. GBIME has called for SGM at Celebration Banquet, Naxal,…

Everest Bank inaugurates 89th ATM at Kirtipur

2017-06-23 Everest Bank Limited has launched its additional ATM outlet at Kirtipur. Mr. Ramesh Shrestha, Mayor of Kirtipur Municipality & Mr. Someshwar Seth, Chief Executive Officer of Everest Bank jointly inaugurates the ATM. The inaugural function was attended by local dignitaries…

 

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