Life Insurance Corporation is auctioning 50,000 units of promoter shares of Citizens Investment Trust (CIT) under its ownership from December 9.
. The promoter shares of CIT are biddable by banks and financial institutions and insurance companies.
The interested bidders can bid for a minimum of 100 and maximum of all shares at a minimum price of Rs 1,495 from Nepal SBI Merchant Banking at Hattisar, Kathmandu and Head Office of Life Insurance Corporation at Putalisadak, Kathmandu.
Moreover, the interested bidders can bid from designated branches of Nepal SBI Bank at Biratnagar, Biramod, Birgunj, Janakpur, Hetauda, Narayangadh, Pokhara, Baglung, Butwal, Dang, Nepalgunj, Surkhet, Dhangadhi and Mahendranagar.