Prudential Insurance opens bid for auction of 21.25 k promoter shares and 11.63 k ordinary shares today

Thu, Feb 20, 2014 12:00 AM

ShareSansar, February 20:

Prudential Insurance Company Limited is auctioning 21,250 units of unclaimed promoter shares and 11,636 units of ordinary shares to the general public from today.

The minimum bid price for both kinds of shares has been priced at Rs 100, and the bidders must apply for a minimum of 100 units and deposit the entire bid amount in advance.

The bid will be opened at 10:00 AM on March 3 for the promoter shares, and at 10:30 AM same day for the ordinary shares at the office of NMB Capital at Babarmahal in Kathmandu to conclude the auction.