First Microfinance founder shares at auction; Global IME selling shares

Kathmandu, April 5

Global IME Bank has opened the sale of founder shares of First Microfinance Laghubitta Bittiya Sanstha Ltd. at an auction from today (Monday). The company has opened sale of 81,500 founder shares of First Microfinance at auction.

Existing founders or individuals, companies and institutions interested in purchasing the shares can submit bids by Baisakh 26. The minimum value of the share is Rs. 300 is prescribed. The applicant has to bid by quoting the specified price or more.

When bidding for the purchase of this share, there is a provision to demand a minimum of 1000 lots or a maximum of no. divisible 10. Global IME Capital Limited is the sales manager of the company.