Bids Received in Auction of Barun Hydropower Company Limited Ordinary Shares Opened; What is the Cut-Off Rate?
Summary
Barun Hydropower Company Limited opened bids for its unsold ordinary right shares auction, receiving 553 applications with a tentative cut-off rate of Rs. 284.6 per share.
Key Points
- Barun Hydropower Company Limited held an auction for 2,38,443 units of its unsold ordinary right shares.
- The auction was managed by RBB Merchant Banking Limited at their Teku, Kathmandu premises.
- 553 applications were received, and the tentative cut-off share price is Rs. 284.6.
- The last traded price of the share was Rs. 319.70 per share.
