Citizens Capital Appointed Issue Manager for Pashupati Venture IPO
Summary
Citizens Capital Limited has been appointed as the issue and sales manager for Pashupati Venture Limited's IPO after approval from Nepal's Securities Board. Pashupati Venture invests primarily in hydropower projects.
Key Points
- Citizens Capital Limited, a subsidiary of Citizens Bank International Limited, signed an agreement to manage Pashupati Venture Limited's IPO.
- Citizens Capital will act as the issue and sales manager for Pashupati Venture's public share offering.
- The IPO process will proceed after approval from the Securities Board of Nepal.
- Pashupati Venture Limited has over 15 years of experience investing in hydropower projects, including Khani Khola and Maya Khola Hydropower companies.
