Dusit Thani Himalayan Resort appoints Citizens Capital as Issue Manager for IPO
Summary
Dusit Thani Himalayan Resort in Dhulikhel appoints Citizens Capital Limited as the issue manager for its upcoming IPO, aiming to support Nepal's tourism development.
Key Points
- Omstone Hotels Limited, operator of Dusit Thani Himalayan Resort, has appointed Citizens Capital Limited as the issue manager for its IPO.
- The agreement was signed by Omstone Hotels Managing Director Ramesh Kumar Hamal and Citizens Capital CEO Sabir Bade Shrestha.
- Dusit Thani Himalayan Resort is a flagship luxury property under Thailand's Dusit International chain, operating since late 2023.
- Citizens Capital is backed by Citizens Bank, Employees Provident Fund, and private investors and is regulated by the Securities Board of Nepal.
