Want to be a promoter shareholders of Nepal Investment Bank? Jebils Finance is selling 3.4 lakhs units promoter shares via auction
Tue, Mar 12, 2019 9:04 AM on Auction, Latest, Stock Market,
Jebils Finance Limited (JEFL) will be selling its unsold promoter right shares via auction from Chaitra 5, 2075. The bids for 3,40,955.50 unit promoters shares will be accepted till Chaitra 13, 2075. Only the existing promoters are eligible to apply for this auction.
Earlier the finance company sold 6,65,955.50 units promoter shares and 3,31,672.50 units ordinary shares in auction but promoter shares was not fully subscribed.
Nepal Investment Bank to acquire Jebils Finance; swap will be finalized after DDA. This is an opportunity for the investors to be a promoter shareholders of Nepal Investment Bank Limited.
The finance company has urged the interested bidders to place applications for minimum 1000 units of promoter shares. The minimum bid price has been set as Rs 100 so the bids should be placed above Rs 100.
Sunrise Capital Limited has been appointed as the issue manager for the auction of the shares. The application form can be collected and deposited in Sunrise Capital and designated branches of Nepal Credit and Commerce Bank.
The bidders should deposit the entire bid amount in the A/C no 0690430236701001 of Sunrise Bank in the name of Sunrise Capital Limited.
After the adjustment of 40% right share the paid-up capital will reach Rs 80.91 crore from current capital of Rs 57.79 crore.
