Bank of Kathmandu to auction promoter shares

Aug 10, 2020 12:03 PM Merolagani

Bank of Kathmandu (BOKL) is set to auction 316,156 units of promoter shares. The bank is auctioning the shares as per the Nepal Rastra Bank Directive and Securities Registration and Issuance (3rd Amendment) Guidelines 2076.

As per NMB Bank, issue manager of the bank, the interested promoter shareholders of the bank and other interested individuals and organized institutions can bid for the share from 17-24. 

The interested bidders can bid for a minimum of 1,000 units and maximum of all shares divisible by 10 at a minimum price of Rs 140.

The stock is being traded at a price of Rs 224 in the market.

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Nepal confirms 1,356 new COVID-19 Cases; Death tolls 429

Sep 22, 2020 04:38 PM

On Tuesday, Nepal has confirmed 1,356 additional COVID-19 cases. With this, the number of COVID-19 cases has reached 66,632 in the country. Out of them, 18,142 are active cases.