The company is issuing 20 percent ordinary share of its issued capital worth Rs 689.6 million. Accordingly, it will issue 1,379,350 units of ordinary shares worth Rs 137.9 million.
Out of total approved units, the company is issuing 10 percent of total offered units of general public i.e. 68,967 units shares worth Rs 6.8 million to the foreign migrated workers from December 24.
The interested investors can apply for a minimum of 10 and maximum of 50,000 units of shares.
Care Ratings Nepal has assigned BB- rating to the issues indicating moderate risks.
The company has appointed Kumari Capital as issue manager. The interested foreign migrated workers can apply from all C-ASBA approved BFIs and Meroshare.
