Prime Bank opens auction for 6.42 k unclaimed shares
Thu, Mar 6, 2014 12:00 AM
ShareSansar, March 6:
Prime Commercial Bank Limited has opened the auction to square off 5,89,125 units of unclaimed promoter shares and 53,415 units of ordinary shares from today.
The minimum bid price for all the 6,42,540 units of scrips have been fixed at Rs 100 and the bidders must apply for a minimum of 100 units, according to the issue manager Civil Capital Market Limited at Kamaladi, Kathmandu.
The applicants must also deposit the entire bid amount in advance.
The bid will close on March 26, and the bid opening day to conclude the auction has been slated for the next day.
