NIC Asia Bank To Auction 50,000 Promoter Shares of Citizen Investment Trust (CIT) from Today
NIC Asia Bank Limited (NICA) is selling 50,000 units of promoter shares of Citizen Investment Trust (CIT) in an auction to qualified investors from 13th Jestha to 20th Jestha, 2081.
50,000 units of promoter shares of CIT will be auctioned. Qualified investors are eligible to bid for the auction. The minimum bid rate for the auction is Rs. 758 while the minimum bid quantity is 10,000 units. The shareholders should submit their bids at the central office of the bank located at Trade Tower Nepal, Thapathali, Kathmandu. Although bidders can bid for the entirety of the issue, they are required to abide by the Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity.
CIT closed at Rs. 2,168.2. Meanwhile, CITPO has an LTP of Rs. 717.
