Kathmandu. Kalinchowk Investment Company Limited is going to issue the primary shares to the general public in the near future after obtaining necessary approval from the regulatory bodies in accordance with the provisions contained in the existing securities registration and issue regulations and guidelines on issue and allotment of securities. The company has appointed Nabil Investment Banking Limited as the issue and sale manager for the issue.
Kalinchowk Investment Company Limited, which has an issued capital of Rs 800 million, is issuing 30 percent of the issued capital to the general public, while 70 percent of the amount is currently being invested in various cable car companies, various energy companies and agricultural production sectors under various tourism sectors, subject to the directives and guidelines related to the public issue of the investment company of the Securities Board.
The agreement was signed by Bal Krishna Shiwakoti, Chairman of Kalinchowk Investment Company Limited and Manish Narayan Joshi, CHIEF Executive Officer of Nabil Investment Banking Limited.
