Last day to bid for auctioned promoter shares of Citizens Investment Trust

Jun 04, 2019 Merolagani

Today is the last day to bid for 50,000 units of promoter share of Citizens Investment Trust (CIT) auctioned by Premier Insurance (PIC).  Premier Insurance placed the promoter shares under its ownership for auction on May 15.

The interested BFIs and insurance companies can bid for the shares till the office of today. The interested bidders can bid for a minimum of 100 and maximum of all shares at a minimum price of Rs 2,500.

The bidders must submit registration certificate of company, tax registration, BOD decision of purchasing the shares and customer identification details for opening account in member broker.

The bid can be placed from Global IME Capital at Jamal-Kathmandu, Premier Insurance at Naxal, Birtamod, Janakpur, Biratnagar, Hetauda, Narayangadh, Pokhara, Butwal, Birgunj, Baglung, Dang, Nepalgunj, Surkhet, Dhangadhi and Mahendranagar branch of Global IME Bank.

The share purchaser will be eligible to obtain the announced dividend by CIT.

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