Kathmandu. Rapti Hydro and General Construction limited has opened the sale of undistributed right shares through an auction process from July 15.
The company had issued 100 per cent right shares in the ratio of 1:1 with a current paid-up capital of Rs 612.79 million. A total of 704,111 units of shares have been put on sale through an auction process. Bids can be submitted for this share till July 15.
The company has put on sale 564,010 units of shares for the general group and 140,101 units for the general group. 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 available 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.
