Machhapuchchhre Bank’s “8.25% Machhapuchchhre Perpetual Non cumulative Preference Share " Listed on NEPSE

Summary

Machhapuchchhre Bank Limited has listed 3 crore units of its 8.25% perpetual non-cumulative preference shares on the Nepal Stock Exchange with trading limited to institutional investors.

Key Points
  • Machhapuchchhre Bank Limited listed 3 crore units of its 8.25% perpetual non-cumulative preference shares on NEPSE on Jestha 19, 2083.
  • The total paid-up value of the issue is Rs. 3 arba with a face value of Rs. 100 per share.
  • Trading of these preference shares will begin on Jestha 20, 2083 in the secondary market.
  • Only institutional investors are permitted to trade these shares; general public and licensed securities intermediaries are excluded.
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