Last day to bid for auctioned share of Century Commercial Bank, Naya Nepal Laghubitta and Lumbini Bikas Bank

Jan 09, 2019 Merolagani

Today is the last day to bid for the auctioned share of Century Commercial Bank (CCBL), Naya Nepal Laghubitta (NNLB) and Lumbini Bikas Bank (LBBL). have started auction of unsold right shares from January 2.

Century Commercial Bank is auctioning 1,870,274 units of unsold right shares from January 2. The bank is auctioning 1,461,099 units of promoter and 409,174 units of general right shares that went unsold during its issuance.

The company has appointed Civil Capital as its issue manager. The interested applicants can apply for the shares from Civil Capital Market, Sundhara, Kathmandu and Biratnagar, Dharan, Birgunj, Narayangadh, Pokhara, Butwal, Nepalgunj, Dhangadhi, Birtamod, Hetauda branch of Century Commercial Bank.

The interested applicants can apply for a minimum of 100 and maximum of all shares divisible by 10 at a minimum price of Rs 100.

Similarly, Lumbini Bikas Bank is auctioning 344,946 units of unsold promoters' right shares from December 25.

The company has appointed Vibor Capital as its issue manager. The interested bidders can bid for the minimum of 100 and maximum of all units of shares at a minimum price of Rs 100. 

Likewise,  Naya Nepal Laghubitta is auctioning 47,763 units of unsold promoter right share from January 2 that went unsold during its first auction from November 29 to December 6. The auction is biddable by existing promoter shareholders of the company as well as the general public.

The interested bidders can bid for a minimum of 1000 and maximum of all shares divisible by 10 under NRB limit. The bidders can bid for the shares from NMB Captial at Naagpokhari-Kathmandu and Biratnagar, Birgunj, Butwal, Pokhara, Nepalgunj, Surkhet and Dhangadhi branch of NMB Bank.

Presently, the company has a paid-up capital of Rs 24 million which will reach Rs 84 million after capitalization of the right issue.

 


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