From the 5th through the 11th of Baisakh, 2080, the current promoters of Kumari Bank Limited (KBL) will auction off 72,644 units of promoter shares to the general public.
The promoter share sale will feature 72,644 units. At an auction, bids may be submitted by institutions, businesses, or individual investors. The opening bid price is 110 rupees.
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Promoters’ shares require a minimum bid of 1000 units. Bidders are allow to offer the full issue. But they must adhere to the Nepal Rastra Bank’s guideline that they cannot offer more shares per entity than what is allow.
The manager of the auction is Sanima Capital Ltd. The opening of bids will take place on the 11th of Baisakh at 4 PM at the auction manager’s location.
The current promoters of Kumari Bank Limited (KBL) will auction off 72,644 units of promoter shares to the general public.
The promoter share sale will feature 72,644 units. At an auction, bids may submit by institutions, businesses, or individual investors. The opening bid price is 110 rupees.
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