Kathmandu. Today is the last day to submit bids for the purchase of more than 250,000 units of shares of NECO Insurance.
A total of 2,25,261.35 units of shares of the company have been put on sale through an auction process since May 15. Bids can be submitted for the purchase of these shares till today.
The company recently opened the right share sale to its shareholders. A total of 1,81,481.35 units of shares of the general group and 43,779.52 units of the founding group were put on sale at that time.
Investors will have to apply for a minimum of 1,000 units of shares for the founder’s group and 100 units for the general group. The minimum price of the shares has been fixed at Rs 100 per share. Investors will have to bid at the minimum price or above while submitting the bid.
The investors can submit the shares to Sanima Capital’s office and branch office in Kathmandu Naxal, Biratnagar as well as NECO Insurance branches in Birtamode, Birgunj, Janakpur, Bharatpur, Hetauda, Pokhara, Baglung, Butwal, Ghorahi, Nepalgunj, Birendranagar, Dhangadhi and Mahendranagar.
