Last day to bid 41,945.61units auction shares of Subhechha Bikas Bank; LTP stood Rs 335

Interested Investors in acquiring the shares of Subhechha Bikas Bank Limited (SUBBL) have one more day to file their bids for the auctioned promoter and ordinary right shares. The deadline for submitting bids for the auctioned unsold right shares is ending today (Chaitra 18, 2072) and the bids will be opened to conclude the auction on Chaitra 19 , 2072(tomorrow). Subhechha Bikash Bank had opened submission of sealed bids of 41,261.28 units ordinary and 684.33 units promoter right shares to general public from Chaitra 12, 2072. Bidders must quote a minimum price of Rs 100 per unit, which means that the lowest bid amount must be more than Rs 100. Ace Capital Limited is the issue manager for this auction. The bank has urged the interested bidders to submit their bids by 3:00 PM till today at the Ace Capital Limited located at Laldurbar, Kathmandu. The investors applying for the auction can deposit the bid amount in the account number 0010001049207 of the Sanima Bank Limited located at Naxal, Kathmandu and also can deposit  in the account number 001118002390 of Subhechha Bikas Bank located at Narayangad, Chitwan The last trading price of the shares stood at Rs 335 as on March 30, 2016.