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Himalayan Bank issues FPO

Kathmandu. Himalayan Bank has issued an additional public offering (FPO).

The bank is issuing 9,250,469 units of FPO at a price of Rs 157 per share.

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Applications can be made for a minimum of 10 units and a maximum of all units in the FPO. Applications can be made for the FPO till July 30. If the application is received as per the demand during this period, the application can be submitted till July 15.

Citizens Capital is its sales manager. In the FPO, applications can be made through banks and financial institutions with C-Ashwa members and my shares.

According to the Bank and Financial Institutions Act, at least 70 percent of the issued capital should be allotted to the founders and 30 percent shares to the general public.

 

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