KATHMANDU: NCC bank has issued 500,000 units of shares for auction starting Friday.
Owned by Nepal Insurance Company, the bank has fixed Rs 110 per unit of share as a minimum price.
Organizations, companies, individuals can file applications to procure the shares.
Nepal Insurance Company has assigned NIBL Ace Capital, Kathmandu as the issue manager.
The applications should reach the office of NIBL Ace Capital by October 22.
Individuals can apply for minimum of 1,000 units of shares to the entire amount of shares, according to the company.
The order of the auction will be made public at the office of NIBL Ace Capital, Lazimpat at 3 pm on November 5, 2020.
Comment