Nigalo Hotel Plans Public Share Issue, Sets Sight on Heritage Hospitality Expansion
Summary
Nigalo Hotel Limited is issuing 1,875,000 shares to the public and plans to expand its heritage hospitality services to Pokhara, Kathmandu, and Chitwan.
Key Points
- Nigalo Hotel Limited appointed Muktinath Capital Limited to manage its public share issuance.
- The hotel is issuing 1,875,000 ordinary shares, representing 25% of its authorized capital.
- Nigalo Hotel offers 68 premium rooms and various modern amenities alongside heritage architecture in Nagarkot.
- The hotel plans to expand its services to Pokhara, Kathmandu, and Chitwan to boost tourism and local employment.
