Kathmandu. More than 500,000 units of shares of Kumari Bank have been put on sale.
A total of 506,972 units of shares of the bank’s founding group have been put on sale. Apart from the founding shareholders of the bank, individuals and organizations can apply for purchase of this share.
Earlier, the shares were put on sale to the existing founding shareholders of the bank. However, no application has been received from the founding shareholders for the purchase of shares, the bank said.
Interested investors will now have to apply for share purchase within 35 days. Applications can be submitted to the bank’s head office at Tangal in Kathmandu and kumari capital office at Naxal Nagpokhari.
According to the bank, the sale price of this share will be as determined by the seller.
