Nepal Reinsurance Company Puts 2.17 Million Shares Owned by United Ajod Insurance Up for Auction
Summary
Nepal Reinsurance Company is auctioning 2,171,935 shares owned by United Ajod Insurance through a sealed bidding process with a minimum bid price of NPR 400 per share.
Key Points
- 2,171,935 shares owned by United Ajod Insurance in Nepal Reinsurance Company are up for auction.
- The auction will be conducted through a sealed bidding process with a minimum bid price of NPR 400 per share.
- Bidders must apply for at least 100,000 shares and submit bids to Nabil Investment Banking Limited in Kathmandu.
- The auction is open to founding shareholders and eligible individuals, firms, and institutions under current laws.
