BOK to sell 137800 units of promoter shares to existing promoter shareholder

Bank of Kathmandu Limited has published a notice stating that one of the promoter shareholders of the bank, Mrs. Reeta Malla, intends to sell her 137,800 promoter shares. As per the direction of Nepal Rastra Bank (NRB) for buying or selling promoter shares of the bank, promoter shareholders of the bank should be given the first priority and if the shares are not bought by promoter shareholders only then other person or institution can buy those under the direction of NRB.

If any promoter shareholder is interested to buy promoter shares then the respective person should submit an application at Bank’s share department within 35 days of the notice published.