Auction of Sindhu Bikas Bank and Best Finance Opens

Dec 19, 2017 Merolagani

Sindhu Bikas Bank (SINDU) and Best Finance (BFC) have started auction sale of unsold right shares from today.

 

Sindhu Bikas Bank is auctioning 708,975 units of unsold right shares including 500,872.40 units of promoter and 142,102 units of general shares. The bank has appointed NIBL Capital Markets as its issue manager.

The interested investors can bid for the shares from the head office of NIBL Capital at Lazimpat, along with its branch offices at Lagankhel, Lalitpur and Chipledhunga, Pokhara. Moreover, the interested bidders can also bid from Biratnagar, Surkhet, Birgunj, Nepalgunj, Butwal, Narayangadh and Dhangadhi branch of Nepal Investment Bank till December 27.

Similarly, Best Finance Company is auctioning 290,236 units of unsold right shares including 107,040 units of promoter and 183,196 units of general shares. The company has appointed Global IME Capital as its issue manager.

The interested investors can apply for the shares from Global IME Capital at Jamal along with Birgunj, Biratnagar, Pokhara, Butwal, Nepalgunj, Surkhet and Dhangadhi branch of Global IME Bank till December 27.

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