Day: August 21, 2023

"Citizens Capital Partners with Thulo Khola Hydropower for IPO Management; Myagdi's 22.5 MW Project Set to Offer Shares" 1
IPO | FPO

“Citizens Capital Partners with Thulo Khola Hydropower for IPO Management; Myagdi’s 22.5 MW Project Set to Offer Shares”

  In an event held at Sundhara, Kathmandu, Thulo Khola Hydropower Limited and Citizens Capital Limited signed an agreement for the management of their Initial Public Offering (IPO). The agreement was formalized by Mrs. Shweta Adhikari Panth, Director of Thulo Khola Hydropower Limited, and Mr. Sabir Bade Shrestha, CEO of Citizens Capital Limited. Under this […]

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"HDHPC's Auction Sets Cut-off Rate at Rs. 120" 3
Business | Market | Economy

“HDHPC’s Auction Sets Cut-off Rate at Rs. 120”

  On August 20, 2023, Himal Dolakha Hydropower Company Limited (HDHPC) initiated the bidding process for 15,77,211 units of its regular shares available for the public. These shares were part of the remaining portion from their rights offering. Initially, the company had offered a 1:0.75 ratio right share opportunity to its eligible shareholders between 22nd […]

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"Intense Competition Propels Life Insurers to Collect Rs. 1.42 Kharba in Premiums Until Ashad" 5
Business | Market | Economy

“Intense Competition Propels Life Insurers to Collect Rs. 1.42 Kharba in Premiums Until Ashad”

  Life insurance companies are currently in a strong competition to increase their premium collections. In the fiscal year 2079/80, until the month of Ashad, they collected a significant amount of Rs. 1.42 Kharba in premiums. This achievement was made possible by the hard work across 1.41 crore active insurance policies. According to a report […]

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"NEPSE Drops to 1900, KBSH Positive Circuit on Debut" 7
NEPSE NEWS

“NEPSE Drops to 1900, KBSH Positive Circuit on Debut”

  In today’s trading, the Nepal Stock Exchange (NEPSE) Index ended at 1,998.28 points, dropping by 12.93 points or 0.64% from yesterday’s close. The index had also seen a loss of 21.99 points in the previous session. The trading began with the index starting at 2,012.46 and hitting a high of 2,019.51 during the day. […]

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