Taragaun Regency urges preferential shareholders to collect principle and interest

ShareSansar, September 15:

Taragaun Regency Hotels Limited has urged its preference shareholders who are yet to claim the principle and interest to collect their principle and interest warrants immediately.

Issuing a notice, the company that operates Hyatt Regency Hotel at Baudha, Kathmandu has stated that the principle and interest can be collected from NMB Capital Limited at Babarmahal, Kathmandu.

Taragaun Regency has been distributing the principle and interests for up to August 31 (Shrawan end) since August 18.

For the first time the company, which has started to post profit, has decided to give principle and interest -- including 18 percent interest rate adjusted up to April 15, 2006 -- to the preference shareholders collectively.

It has also urged the preferential shareholders who have not yet collected their share certificates to do so from the Share Department of the company at Baudha at the earliest.