Himalayan Capital and NEPSE Ink Agreement for Listing ‘Himalayan 80-20’ Fund


Today, representatives from Himalayan Capital Limited and the Nepal Stock Exchange (NEPSE) finalized an agreement for the listing of “Himalayan 80-20.”

Under the terms of the agreement, 10,00,00,000 units of “Himalayan 80-20” are set to be listed at a par value of Rs. 10 per unit. The subscription period for the issue was open to the general public from the 32nd of Shrawan to the 15th of Bhadra in the year 2080 and subsequently extended to institutions.

Trading for the shares is anticipated to commence on Thursday. “Himalayan 80-20” is categorized as a closed-end fund and will be traded on the NEPSE platform. Notably, the fund comes with a maturity period of 10 years.

 

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