NIC Asia Capital appointed as issue manager for IPO of Max Vision

NIC Asia Capital Limited has been appointed as the issue manager for the Initial Public Offering (IPO) of Max Vision Limited. Max Vision will be issuing 500,000 units IPO shares at Rs 100 per share. NIC Asia Capital has signed an agreement with Max Vision Limited as the issue manager for its IPO shares. Mr. Ram Chandra Khanal, Chief Executive Officer (CEO) of NIC ASIA Capital and Mr. Keshav Prasad Shrestha, Chairman of Max Vision Limited signed the agreement yesterday (April 18, 2017). The Government of Nepal has encouraged the private sector companies to raise their Capital through public issue by providing the tax concession. Similarly, SEBON has also facilitated these companies to issue ordinary shares to general public with special consideration. NIC Asia Capital has taken an initiative to promote the public issue of the aspiring private sector company by encouraging other similar companies to go into public besides the general trend of IPO for the BFIs, Insurance and Hydro Sector.