NRB Auctions Promoter Shares of RMDC Lagubitta

Jun 28, 2019 12:40 PM Merolagani

Nepal Rastra Bank (NRB) is auctioning 332,000 units of promoter shares of RMDC Laghubitta from today, June 28. The auction will close on August 1.

The interested bidders can bid for all shares at a minimum price of Rs 261. The interested bidders are required to deposit 5-10 percent of the total amount as a guarantee before bidding for the shares.

As per NRB, the auction will be opened on August 4. The last traded price of the stock is Rs 350 in the domestic market.

 


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Government Fails to Collect Targeted Revenue; Capital Expenditure Nears 70%

Jul 16, 2019 03:53 PM

The government has failed to collect targeted revenue in the current FY. As per the Office of Auditor General (OAG), the government collected 83.66 percent revenue till July 15, a day before the closing of the current FY.