NEPSE lists 19.70 lakh units’ Right shares of Jebils Finance for trading; transaction is halt due to acquisition process by Nepal Investment Bank
Wed, Mar 13, 2019 4:45 PM on Latest, Share Listed, Stock Market,
Nepal Stock Exchange (NEPSE) has published a circular regarding the listing of Jebils Finance Ltd (JEFL) Right shares.
1970694.50 units Rights Shares of Jebils Finance Ltd. has been listed has now been listed on the secondary market. These shares can now be traded.
JEFL had floated 2,311,650 units i.e. 40% right shares from 24th June to 13th August, 2018. Out of the total issued 9,97,628 was not subscribed by the shareholders. Later, the company had sold 6,56,672.5 units shares in auction to the existing promoter and the general public. Now, the company has again published auction share notice to sell remaining 3,40,955.5 units’ promoter share from 19th to 27th March, 2019.
Following the MOU, the trading in the shares of Jebils Finance Limited (JEFL) has been suspended in the secondary market.
