KATHMANDU: More than 43,17,000 units of undistributed right shares of Kathmandu Prabhu Steels and Hydro Investment Company Limited are available for sale from January 19.
A total of 4,317,050 units of promoter shares of the company were auctioned. The shares are unsold right shares in the ratio of 1:1.34 of the current paid-up capital of the company.
Any eligible person and organization interested in this share can apply for the purchase. Applications can be place for minimum 1,000 units and maximum 1000 units of shares at a price of Rs 1,000.
The minimum price of the shares has been fixed at Rs 75 per share. This means that investors will have to bid at or above the minimum price.
The bid can be submitted at the company’s central office at Tinkune, Kathmandu. The tender can be submitted until February 20.
