Last day to bid for auctioned shares of Citizens Investment Trust

Aug 03, 2020 11:24 AM Merolagani

Today is the last day to bid for auctioned shares of Citizens Investment Trust (CIT) being sold by Life Insurance Corporation (LICN). Life Insurance Corporation is auctioning 50,000 units of promoter shares of CIT under its ownership from July 27.

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 1,800 per share 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.

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