Recent directive issued by SEBON won’t be applied to FPO of Nepal Investment
Sun, Mar 6, 2016 3:00 PM on Latest, Exclusive, IPO/FPO News, Featured,
SEBON (Securities Board of Nepal) has issued directions to discourage the third party application mandating separate cheques on the application forms of public issue.
Publishing a press release it stated that since the policies are not applicable retrospectively, the recent directive of SEBON will be implemented only to the upcoming IPO and FPO issues. The directive on Falgun 20 will not be allied to the FPO of Nepal Investment bank Ltd.
