Nepal Investment Mega Bank has announced that over 131,000 founder shares have been put up for sale.
Who can buy
For now, only the existing founder shareholders of the bank are allowed to apply for purchase. They need to mention the number of shares they want to buy and at what price, then submit the form at the bank’s share department in Lazimpat.
Deadline: Applications must be submitted within 35 days from the official notice date.
The bank has also clarified that if founder shareholders don’t apply within the given time, the remaining shares may later be opened for purchase by other individuals or institutions.
