Best finance Company set to auction 8.02 Lakh units of unsold right shares; bids accepted from Bhadra 11, 2076

Best Finance Company Limited (BFC) is selling its 802,224.47 unit shares via auction from Bhadra 11, 2076 to Bhadra 25, 2076.

As per the notice published by the finance company, the company will be auctioning 557,674.57 unit promoter shares and 244,549.90 unit ordinary shares. Prabhu Capital Limited is appointed as the issue manager for the auction.

Interested bidders can get application form Prabhu Capital Limited and from different branches of Prabhu Bank Limited all over Nepal and also from the central and branch office of Best Finance Company Limited. The cost of the application form is Rs.100 per form.

The minimum bid amount is set at Rs.100. Therefore, bids placed should be Rs.100 or more. The entire bid amount should be deposited in A/C no. 13500100631816000013 of Prabhu Bank Limited, Kamaladi or in A/C no. 00201400066498000001 of Best Finance Company Limited. The applicants can also deposit ‘Good for Payment Cheque’ issued in the name of Prabhu Capital Limited. The LTP of the company in NEPSE is Rs 94 per scrip.