Kathmandu. NIC Asia Bank has put up for sale approximately 1.45 million shares of 5 companies from today, Chaitra 30.
The bank has put up for sale 1.446 million shares of 5 companies owned by it. Which includes 1 million shares of Nepal Infrastructure Bank (NIFRA), 287,842 shares of Jeevan Bikas Laghubitta, 59,060 shares of Suryodaya Bomi Laghubitta, 50,000 shares of Suryajyoti Life Insurance and 50,000 shares of Nagarik Investment Fund.
The minimum price of shares put up for sale has been set at Rs 105 per share for NIFRA, Rs 540 for Jeevan Bikas Laghubitta, Rs 269 for Suryodaya Bomi Laghubitta, Rs 159 for Suryajyoti Life and Rs 696 for Nagarik Investment Fund. Investors will have to bid at or above the minimum price when submitting their bids for the purchase of shares.
Eligible investors can submit bids for the purchase of shares in these companies. While submitting their bids, they will have to specify the number of shares they want to buy, and at most, they can apply for the purchase of all shares.
Bids can be submitted at the office of NIC Asia Capital in Thapathali, Kathmandu or at the corporate office and branches of NIC Asia Bank in Thapathali, Kathmandu, Biratnagar, Birgunj, Pokhara, Butwal, Dhangadhi and Birendranagar. The last date for submitting bids is till Chaitra 10.
