Maya Khola Hydropower Signs Agreement with Citizens Capital for Right Share Issue
Summary
Maya Khola Hydropower has appointed Citizens Capital as Issue Manager for its right share issuance of 10 million units, aiming to boost capital market participation and support expansion.
Key Points
- Maya Khola Hydropower Limited signed an agreement with Citizens Capital Limited to appoint them as Issue Manager for a right share issuance.
- The right share issuance involves 10 million units.
- Citizens Capital will handle regulatory approvals from the Securities Board of Nepal and post-approval issuance activities.
- Maya Khola Hydropower supplies electricity to Nepal Electricity Authority and aims to enhance capital market participation for future growth.
