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People’s Hydropower to issue right shares, where is it investing?

nabil bank

Kathmandu. People’s Hydropower Company Limited (PHLC) is going to issue right shares.

The company has proposed to issue right shares in the ratio of 1:1 of its existing paid-up capital in the AGM.

Out of the total right shares, the company will spend 50 percent of the amount to pay off the bank’s loan and the remaining 50 percent will be spent on other projects.

Prabhu
sikhar insurance

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