City Express Finance to auction unsold right shares from January 13

Jan 06, 2019 Merolagani

City Express Finance Company (CEFL) is set to auction 736,084 units of unsold right shares from January 13. The company is auctioning 257,631 units of promoter and 478,453 units of general right shares that went unsold during its issuance. The auction will close on January 20.

The company has appointed Kathmandu Capital Market as its issue manager. The interested bidders can bid for a minimum of 100 units of general shares or 1000 units of promoter shares at a minimum price of Rs 100.

 The interested bidders can bid for the shares from Kathmandu Capital Market at Kamaladi-Kathmandu, City Express Finance at Ghantaghar-Kathmandu and branches of Bank of Kathmandu at Main road-Biratnagar, Station road-Janakupur, Adarsh Nagar-Birgunj, Mainroad-Hetauda, Lions Chwok-Chitwan, Traffic Chowk-Butwal, Surket Road-Nepalgunj, Newroad-Pokhara, Birendrachowk-Surket and Chauraha-Dhangadhi.

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