Nepal Community Development Bank and Mount Makalu Development Bank share auction: Bid opening on Falgun 6

Nepal Community Development Bank Limited is opening the bids filed by applicants to the auction of 4,33,042 units promoter shares on Falgun 6, 2074 at 9 A.M. It is auctioning 3,70,243.16 units promoter shares after the right shares issued from Ashwin 26 to Kartik 29, 2074 were not fully subscribed by its shareholders. It had offered right shares in the ratio of 1:1.2. Around 22.59% shares were unsubscribed. The bid for the share auction had started from Magh 15 and closed at Magh 26, 2074. Bidders had to quote a minimum price of Rs 100 per unit and the minimum units of shares to be bid was 100 units. NIBL Capital Market was appointed as the issue manager for this auction. Notice Likewise, Mount Makalu Development Bank is also opening the bids filed by applicants for the auction of 16,181 unit unsold right shares. The development bank had auctioned 6,137 unit ordinary shares and 10,044 unit promoter shares. The auction was open from Magh 21, 2074 and had closed on Magh 28,2074. Bidders had to quote a minimum price of Rs 100 for both the shares but the bidders had to bid minimum of 100 units for ordinary shares and minimum 1,000 units for promoter shares. NIBL Ace Capital was appointed as the issue manager for this auction. The bid will be opened at Falgun 6, 2074 at 4 pm in the premises of NIBL Ace Capital Limited, Lazimpat, Kathmandu. Notice