Kathmandu. Rapti Hydro and General Construction is going to put the undistributed right shares on sale through an auction process. The company had issued 100 per cent right shares in the ratio of 1:1 of the current paid-up capital of Rs 612,793,800 from June 1.
A total of 704,111 units of shares are to be sold through bidding. A total of 564,010 units of shares of the general group and 140,101 units of shares of the general group will be sold through auction.
Any person and organization interested in the shares to be put on sale can bid for the purchase. The minimum price of the shares has been fixed at Rs 100 per share. This means that investors will have to bid at a minimum price or more while submitting bids.
The bid application form will be received from Muktinath Capital’s head office, Naxal Kathmandu, Muktinath Bikas Bank, branch office Thimi Bhaktapur, Kumaripati Lalitpur, Birtamod Jhapa, Biratnagar, Birgunj, Janakpur, Hetauda, Narayanghat, Pokhara, Baglung, Butwal, Ghorahi, Dang, Nepalgunj, Birendranagar, Dhangadhi and Mahendranagar.
Bids can be submitted for the shares from July 15 to July 30.
