Citizens Capital appointed issue manager for Maya Khola's 10 million unit rights share
Summary
Maya Khola Hydropower Limited has appointed Citizens Capital Limited as the issue manager for its issuance of 10 million right shares, formalized in Kathmandu.
Key Points
- Maya Khola Hydropower Limited signed a Right Share Issue Management Agreement with Citizens Capital Limited.
- Citizens Capital Limited, a subsidiary of Citizens Bank International Limited, will manage the issuance of 10 million right shares including regulatory approval.
- The agreement was signed at a programme in Dhumbarahi, Kathmandu by Dinesh Prasad Shrestha and Sabir Bade Shrestha.
- Maya Khola Hydropower Limited operates a hydropower project in Sankhuwasabha District and supplies electricity to the Nepal Electricity Authority.
