Prudential Capital Management Selling Promoter Shares of Kumari Bank Limited Via Auction From Today
Prudential Capital Management Company Limited is selling the promoter shares of Kumari Bank Limited (KBL) via auction. The auction, spanning from the 32nd Jestha to the 7th Ashad, 2081, offers qualified interested promoter shareholders, the general public/company and institutions.
The auction includes 2,00,000 units of promoter shares from Kumari Bank Limited, with a minimum bid rate set at Rs. 100 per unit. Interested bidders are required to adhere to a minimum bid quantity of 50,000 units.
Bidders are reminded to adhere to the regulations stipulated by both Nepal Rastra Bank, ensuring that the specified quantity of shares per entity is not exceeded. Qualified interested promoter shareholders/general public/institutions, the general public, and institutions are eligible to bid for the auction within the 7th Ashadh.
NIC Asia Capital Limited is appointed as the auction manager.
