Articles & Updates
“Millennium Challenge Corporation (MCC) Project Implementation Starts”
The much-anticipated Millennium Challenge Corporation (MCC) initiative is about to start on Wednesday. This project, spanning five years, will begin its implementation on August 30, 2023, which aligns with the 13th of August in the Nepali calendar. Today, the Ministry of Finance is organizing an event to officially announce this significant milestone. As per […]
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“Sunrise Capital Releases Mutual Fund NAV Report for Shrawan Month”
Sunrise First Mutual Fund (SFMF), a closed-end fund with a 10-year maturity, has released its monthly Net Asset Value (NAV) report for the month of Shrawan. The NAV for this period is Rs. 12.90, slightly lower than the previous month’s Rs. 12.92. Starting with an initial capital of Rs. 86 crores, SFMF has made […]
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“Barahi Sedi Chooses NMB Capital as Issue Manager for 11.60 Lakh Unit Share Offering”
Barahi Sedi, a hotel under construction in Pokhara’s Lakeside area, has selected NMB Capital as the issue manager for its upcoming public share offering of 1.16 million ordinary shares. The agreement was formalized through a Memorandum of Understanding (MoU) signed between Mr. Dipesh Kumar Vaidya, the CEO of NMB Capital, and Mr. Biplab Paudel, […]
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“Federal: First Reinsurance Broker in Nepal to Achieve ISO 9001:2015 Certification”
During an official event at FRBL’s headquarters in Kathmandu on August 27, 2023, Mr. Prakash Poudel, the Country Director of United Registrar of Systems (URS), presented the certification to FRBL’s chairman, Mr. Mahesh Kumar Agrawal. The occasion was attended by FRBL’s Board members, leadership team, staff, and URS Nepal representatives. Mr. Poudel congratulated FRBL for […]
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“CDSC Launches SMS Alerts for Right Share Notifications”
CDSC, in partnership with associated firms, has begun informing investors about the launch of rights shares through mobile messages, starting today (Bhadra 12th), to meet investor demands. The first batch of notifications has been sent to 38,327 out of 70,000 investors of Synergy Power Development Limited (SPDL). CDSC plans to send messages to the […]
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“Kumari Capital’s Mutual Fund Schemes Experience NAV Decline After Losses in Baisakh”
“Kumari Capital Releases NAV Report for KEF, KDBY, and KSLY in Shrawan 2080” Kumari Capital has disclosed the Net Asset Value (NAV) reports for Kumari Equity Fund (KEF), Kumari Dhanabriddhi Yojana (KDBY), and Kumari Sunaulo Lagani Yojana (KSLY) for the month of Shrawan, 2080. In this period, Kumari Equity Fund (KEF) exhibits a fund […]
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“Broker 75 Mega Stock Markets Commences Operations”
Mega Stock Markets Limited, identified with broker number 75, has officially commenced its operations on Bhadra 8, 2080. The inaugural event, marked by a formal ceremony, was graced by the presence of key figures including the company’s chairman, Dr. Govinda Nepal, Mr. Ramesh Kumar Hamal, the chairman of SEBON, Mr. Prithivi Bahadur Pande, the […]
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“Jalpa Samudayik Laghubitta’s 14.25% Bonus Shares Listed on NEPSE”
Jalpa Samudayik Laghubitta Bittiya Sanstha Limited (JALPA) has successfully listed 2,28,000 units of bonus shares on the Nepal Stock Exchange (NEPSE). The company organized its fourth Annual General Meeting (AGM) on the 4th of Ashad and confirmed a 15% dividend for the fiscal year 2078/79. The company’s board of directors decided to allocate this […]
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“Siddhartha Capital Announces Book Closure Date for Mutual Fund Dividend”
Siddhartha Capital Limited has announced the date for the book closure regarding dividends for its mutual funds. The deadline is set for the 13th of Bhadra. Investors who hold units before this date will be eligible to receive the dividend payments. During a Board of Directors meeting on the 32nd of Shrawan, Siddhartha Capital […]
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“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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