NEPSE lists FPO shares of Pokhara Finance & Bonus shares of LIC Nepal; promoter shares of Mount Makalu Dev Bank converted to ordinary

Fri, Sep 22, 2017 9:00 AM on Latest, Featured, Share Listed, Stock Market,
9.83 lakh unit FPO shares of Pokhara Finance Limited (PFL) and 26.52 lakh unit bonus shares of Life Insurance Corporation Nepal Limited (LICN) have been listed in Nepal Stock Exchange (NEPSE) today for trading. Now, shareholders having these shares can sell them after receiving in their demat accounts. Moreover, 1.31 lakh unit promoter shares of Mount Makalu Development Bank Limited (MMDBL) have been converted into ordinary shares. Listing of FPO shares of Pokhara Finance Limited 9,83,682 units FPO Shares of Pokhara Finance Ltd. has been listed. FPO shares issued at Rs 220 per share from Shrawan 29 till Bhadra 1, 2074 of Pokhara Finance Ltd. has been listed. Listing of Bonus shares of Life Insurance Corporation Nepal Limited 26,52,243.75 units bonus Shares of Life Insurance Corporation Nepal Limited has been listed. 24.8% bonus shares of the insurance company has been listed. Conversion of promoter shares of Mount Makalu Development Bank Limited NEPSE has decided to convert 1,31,404 unit promoter shares of Mount Makalu Development Bank Limited making the promoter to public share ratio of the company 51:49.