agreement

United Mewa Khola Hydropower Enters IPO Agreement with Citizens Capital for "Mewa Khola Jalbidhyut Ayojana" Project" 1
IPO | FPO

United Mewa Khola Hydropower Enters IPO Agreement with Citizens Capital for “Mewa Khola Jalbidhyut Ayojana” Project”

In a ceremony held at Dillibazar, Kathmandu, United Mewa Khola Hydropower Limited officially entered into an Initial Public Offering (IPO) Issue Management Agreement with Citizens Capital Limited. The agreement, signed by Mr. Aashish Thapa, the Executive Chairman of United Mewa Khola Hydropower Limited, and Mr. Sabir Bade Shrestha, the CEO of Citizens Capital Limited, outlines […]

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"Advanced Automobiles Partners with Sanima Bank for Affordable Renault Vehicle Loans" 3
Business | Market | Economy

“Advanced Automobiles Partners with Sanima Bank for Affordable Renault Vehicle Loans”

Advanced Automobiles, the official distributor of Renault in Nepal, has entered into an auto loan partnership with Sanima Bank. This collaboration comes as the festive season approaches and the highly anticipated NADA Auto Show draws near. The primary aim of this agreement is to offer vehicle loans to Nepali customers at reduced interest rates. The […]

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"Citizens Capital Partners with Thulo Khola Hydropower for IPO Management; Myagdi's 22.5 MW Project Set to Offer Shares" 5
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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"Nepal-Bangladesh Power Deal: 40 MW Export in First Phase Marks Milestone Agreement" 7
Business | Market | Economy

“Nepal-Bangladesh Power Deal: 40 MW Export in First Phase Marks Milestone Agreement”

  A recent multi-party agreement has been established to enable electricity supply from Nepal to Bangladesh. The agreement involves Nepal, India, and Bangladesh, and is considered a preliminary step. The Ministry of Energy, Water Resources, and Irrigation has disclosed that the initial phase will see Bangladesh purchasing 40 megawatts of electricity from Nepal.  

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"NEPSE Finalizes Listing Agreement for IME Life Insurance IPO; Trading Starts This Sunday." 9
NEPSE NEWS

“NEPSE Finalizes Listing Agreement for IME Life Insurance IPO; Trading Starts This Sunday.”

  “IME Life Insurance (ILI) IPO Shares to Be Listed on Nepal Stock Exchange (NEPSE). The agreement for listing 4 crore unit shares with a face value of Rs. 100 each has been finalized today. Civil Capital Market Limited will be the issue and sales manager for the IPO issuance.”  

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"Sanima Bank Partners with Swisscontact to Boost Agri SMEs Investment in Koshi." 11
Business | Market | Economy

“Sanima Bank Partners with Swisscontact to Boost Agri SMEs Investment in Koshi.”

  Sanima Bank Ltd and Swisscontact/Nepal Agriculture Market Development Program Phase II have joined hands to strengthen Sanima Bank’s ability to support Agri-SMEs in Koshi Province. The main objective of this partnership is to provide financial assistance to Agro processing enterprises in the region and raise awareness about the available opportunities. They plan to leverage […]

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NIBL Ace Capital inks IPO Roadmap with Alliance Pharmaceuticals. 13
IPO | FPO

NIBL Ace Capital inks IPO Roadmap with Alliance Pharmaceuticals.

NIBL Ace Capital Limited has signed a Roadmap for an IPO agreement with Alliance Pharmaceuticals Pvt. Ltd. as part of its business consulting service. The agreement was signed in the presence of Mr. Sunil Pradhan, Managing Director of Alliance Pharmaceuticals Pvt. Ltd., and Mr. Bhuwan Raj Panta, Head of Corporate Advisory Service of NIBL Ace […]

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Federal Reinsurance Brokers Limited enters an agreement with the Banking Finance and Insurance Institute of Nepal to strengthen the insurance sector's capability. 15
Business | Market | Economy

Federal Reinsurance Brokers Limited enters an agreement with the Banking Finance and Insurance Institute of Nepal to strengthen the insurance sector’s capability.

  On April 13, 2023, Federal Reinsurance Brokers Limited and Banking Finance and Insurance Institute of Nepal Limited signed a Memorandum of Understanding (MOU) to form a long-term strategic alliance in the areas of training, research, and consulting for the insurance sector’s capacity development. Ms. Alpana Sharma, Company Secretary, and Mr. Saurav Baral, Research Analyst […]

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Prabhu Capital has been appointed as the share registrar for Sagarmatha Jalvidhyut Company 17
IPO | FPO

Prabhu Capital has been appointed as the share registrar for Sagarmatha Jalvidhyut Company

  Prabhu Capital has been appointed as the share registrar for Sagarmatha Jalvidhyut Company. According to the statement, the agreement was signed on Chaitra 20, 2079 by the chairman of the hydro company, Dr. Bhogendra Kumar Guragain, and the CEO of the Merchant bank, Mr. Aasis Gauchan.

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Siddhartha Premier Insurance's 2.8 crore unit shares have been listed for trading on the NEPSE. 19
NEPSE NEWS

Siddhartha Premier Insurance’s 2.8 crore unit shares have been listed for trading on the NEPSE.

After a successful merger between Siddhartha Insurance Limited (SIL) and Premier Insurance Company (Nepal) Limited (PIC), 28,065,499 shares of Siddhartha Premier Insurance Limited (SPIL) were listed on NEPSE. On the 27th of Ashad, 2079, SIL and PIC inked a merger agreement. The corporation had agreed to a merger with a swap ratio of 1:1. SIL’s […]

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