Kisan Laghubitta to issue FPO; appoints Muktinath Capital as sales manager
Kathmandu, April 2
Kisan Laghubitta Bittiya Sanstha Ltd. has appointed Muktinath Capital as its sales manager. The company is preparing to issue 12 lakh 98 thousand 259.49 FPO.
The company has stated that it is going to sell FPO by adding the premium price approved by the Securities Board of Nepal at the face value of Rs 100 per share. However, the company have yet to seek permission from the board to issue the FPO. An agreement was reached between Kisan Laghubitta and Muktinath Capital on Wednesday for the eviction and sale manager.
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