United Idi-Mardi and RB Hydropower’s IPO issue for locals postponed until further notice

Mon, Mar 23, 2020 1:13 PM on IPO/FPO News, Latest,

United Idi-Mardi and RB Hydropower Limited had decided to issue 420,000 units of shares as IPO to the project affected locals at par value of Rs.100 per share from Chaitra 10, 2076. The issue was for the residents of Machapuchare VDC Ward No. 8 and 9, Kaski.

However, the company has announced that the IPO issue has been postponed until further notice as all unessential services were directed to suspend activities amidst COVID-19 fears.