Nepse, International Development Bank sign MoU

KATHMANDU, MAR 14:

International Development Bank Ltd (IDBL) listed its 6.40 million units of shares with a face value of Rs 100 per unit at Nepal Stock Exchange (Nepse) on Wednesday. A memorandum of understanding (MoU) was signed and exchanged between acting general manager of Nepse Pramod Kumar Bhattarai and chairman of IDBL Madhav Prasad Bhattarai to list the ordinary shares that will be traded after a week. The development bank had allotted 1,920,000 units of ordinary shares through NCM Merchant and Citizens Investment Trust, earlier.

Source: THT