Auction of 6.42 k unit shares of Prime Bank: Bids close today

Wed, Mar 26, 2014 12:00 AM

ShareSansar, March 26:

Prime Commercial Bank Limited is closing the bids for the auction to square  off 5,89,125 units of unclaimed promoter shares and 53,415 units of ordinary shares from today.
 
The minimum bid price for all the 6,42,540 units of scrips have been fixed at Rs 100 and the bidders must apply for a minimum of 100 units, according to the issue manager Civil Capital Market Limited at Kamaladi, Kathmandu.

The applicants must also deposit the entire bid amount in advance.

The bank had invited the bids from March 6.

The bids will be opened tomorrow to conclude the auction.