Janautthan Samudayic Laghubitta Starts Auction of Unsold Right Shares

Aug 27, 2019 10:38 AM Merolagani

Janautthan Samudayic Laghubitta Bittiya Sanstha (JSLBB) has started auctioning unsold right shares from August 27.

The company is auctioning 18,503 units of ordinary shares that went unsold during its issuance from June 27-July 31. The auction will close on September 3.

The company has appointed Siddhartha Capital as its issue manager.

The interested bidders can bid for a minimum of 100 and a maximum of all units divisible by 10 at a minimum price of Rs 100.

The interested investors can bid for the shares from Siddhartha Capital at Naxal- Kathmandu and Janutthan Samudayic Laghubitta at Butwal-Rupandehi. Moreover, the bidders can bid from Biratnagar, Birtamod, Birgunj, Janakpur, Hetauda, Narayangadh, Pokhara, Baglung, Butwal, Ghorahi, Nepalgunj, Surkhet, Dhangadhi and Mahendranagar branch of Siddhartha Bank.

The last traded price of the stock was Rs 970 on August 26.

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