Hamro Bikas Bank’s share trading resumes after 3 days suspension on info leakage charges
Wed, Aug 6, 2014 12:00 AM on Others,
ShareSansar, August 6:
Share trading of Hamro Bikas Bank resumed in Nepal Stock Exchange (Nepse) on Wednesday after facing a suspension from the bourse for three trading days.
The Nepse had suspended the share transaction of Hamro from Sunday after the share price affecting information by the bank’s CEO was given away to a national daily newspaper.
According to Nepse, it has allowed the resumption of trading of Hamro after it was satisfied by the CEO’s clarification concerning the issue. Nepse, however, did not elaborate what the Nuwakot-headquartered bank’s CEO said in his clarification.
“The security Hamro has now been resumed after the CEO's meeting with Nepse management and satisfactory clarification concerning the issue,” reads the notice.
The bank’s share was last closed at Rs 308 on July 31.
