Mountain Glory Limited Appoints LS Capital as IPO Issue Manager
Sun, Jan 28, 2024 12:31 PM on Latest, IPO/FPO News,
Mountain Glory Limited, which has been operating the Mountain Glory Forest Resort and Spa located at Dovilla, Pokhara for the past 8 years, has issued 40,00,000 ordinary shares of Rs.100/- to the general public, a subsidiary of Laxmi Sunrise Bank, LS Capital. Limited, New Baneshwor, Kathmandu has been appointed as Issue and Sales Manager.
For the issue of ordinary shares, the company's chairman Mr. Sunil Bhakta Shrestha and Laxmi Sunrise Capital Limited's CEO Mr. Bijay Lal Shrestha signed a bilateral agreement to issue the ordinary shares in the near future. Mountain Glory Limited has issue capital of Rs 1 billion.
