Nabil Balanced Fund-1 to sell its remaining holdings via auction; Auction begins from Jestha 6
Fri, May 18, 2018 3:52 AM on Auction, Featured, Mutual Fund, Stock Market, Latest,
Nabil Balanced Fund-1 (NBF1) has already matured and it has been a while since its transaction has been suspended in the secondary market. It has been in the process of selling its holdings to wind up the mutual fund. The auction will begin from Jestha 06 till Jestha 13, 2075.
It has published a notice regarding the selling of its holdings via auction. The company currently has holdings of 24 different companies and 6 different debentures.
For the purpose of the auction it has divided its holdings into 4 categories;
Group A
|
S No |
Company Name |
Company Code |
Unit of shares |
|---|---|---|---|
|
1 |
Mega Bank Nepal Limited |
MEGA |
27,393 |
|
2 |
Tourism Development Bank Limited |
TDBL |
16,415 |
|
3 |
Himalayan Bank Limited |
HBL |
5,906 |
|
4 |
Miteri Development Bank Limited |
MDB |
5,538 |
|
5 |
Om Development Bank Limited |
ODBL |
3,140 |
|
6 |
Shine Resunga Development bank Limited |
SHINE |
1,785 |
|
7 |
Siddhartha Bank Limited |
SBL |
3,317 |
|
8 |
Neco Insurance Company Limited |
NIL |
11,303 |
|
9 |
NLG Insurance Company Limited |
NLG |
4,694 |
|
10 |
First Microfinance Development Bank Limited |
FMDBL |
6,359 |
|
11 |
Nerude Laghubitta Bikas Bank Limited |
NLBBL |
1,489 |
|
12 |
Nirdhan Utthan Bank Limited |
NUBL |
4,292 |
|
13 |
Sana Kisan Bikas Bank Limited |
SKBBL |
2,118 |
|
14 |
Suryodaya Laghubitta Bittiya Sanstha Limited |
SLBS |
1,619 |
Group B
|
S No |
Name |
Units |
|
1 |
10% Global Bank Limited Debentures |
24,000 |
|
2 |
8% Laxmi Bank Debentures, 2076 |
20,000 |
|
3 |
85 SBL Debenture, 2076 |
10,000 |
|
4 |
8% Everest Bank Limited Debentures, 2079 |
10,000 |
|
5 |
8% POK Debentures, 2076 |
10,000 |
|
6 |
8.5% Citizens Bank Bond, 2077 |
40,095 |
Group C
|
S No |
Company Name |
Company Code |
Units of shares |
|---|---|---|---|
|
1 |
Century Commercial Bank Limited |
CCBL |
39 |
Group D
|
S.No |
Company Name |
Company Code |
Units of shares |
|---|---|---|---|
|
1 |
Aarambha Microfinance Bittiya Sanstha Limited |
AMFI |
612 |
|
2 |
Swadeshi Laghubitta Bittiya Sanstha Limited |
SDESI |
924 |
|
3 |
Support Microfinance Bittiya Sanstha Limited |
SMB |
563 |
|
4 |
Unnati Microfinance Bittiya Sanstha Limited |
UMB |
387 |
|
5 |
Deprosc Development Bank Limited |
DDBL |
641 |
|
6 |
Nepal Seva Laghubitta Bittiya Sanstha Limited |
338 |
|
|
7 |
RSDC Laghubitta Bittiya Sanstha Limited |
RSDC |
500 |
|
8 |
Samata Microfinance Bittiya Sanstha Limited |
SMATA |
304 |
|
9 |
Samudayik Laghubitta Bittiya Sanstha Limited |
703 |
The merchant bank has urged the bidders to place bids for all shares in Group C and Group D. Similarly, bidders can apply for minimum 1,000 unit shares of Group A and minimum 10,000 unit shares of Group B.
The minimum bid price for the shares have been set as Rs 100 and for the debentures it has been set as Rs 1,000.
The bidders are to apply using Good for Payment Cheque or Manager’s Cheque in the name of Nabil Investment Banking Limited for all the amount from the member banks of Nepal Clearing House Limited.
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