Promoter share sell notice: Samjhana Finance

Samjhana Finance Limited has issued notice to interested promoter shareholders who further want to purchase P.Share sell from its some P.Shareholders.(Source: Jamb News Service)
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Holiding Share Sell Notice: Machhapuchchhre Bank

Machhapuchchhre Bank Ltd. has issued notice to general public for sell of 8943000 units share (its holding) of Himalayan Distilary (Source: Jamb News Services)
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Right Share on Auction: Sagarmatha Merchant Banking and Finance

Sagarmatha Merchant Banking and Fin. Ltd. is selling 40790 units "A" and 17350 units "B" category shares on auction.These are unsubscribe shares after right issue.
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Cross Holding share sell notice: NCCB

Nepal Credit and Com. Bank Ltd. has issued notice to sell 187093 units cross holding share of Nepal Bank Ltd.(Source: Jamb News Services)
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Right Share on Auction: Central Finance

Central Finance Ltd. is selling 415 units of share in auction. These are the unsubscribe shares after its right issue(Source: Jamb News Services)
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Promoter share sell notice: BOK

Bank of Kathmandu has issued notice to its promoter shareholders who want to purchase promoters shares (800 units) sell from its promoter.
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Promoter share sell notice: Paschimanchal Dev. Bank

Paschimanchal Dev. Bank Ltd. has issued notice to its promoter shareholders who want to purchase promoters shares sell from its few promoters(Source: Jamb News Services)
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Machhapuchchhre Bank: Promoter share sell notice

Machhapuchchhre Bank Ltd. has issued notice to its promoter shareholders who want to purchase promoters shares sell from its few promoters. (Source: Jamb News Service)
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Nepal Share Markets: Promoter share sell notice

Nepal Share Markets Ltd. has issued notice to its promoter shareholders who want to purchase promoters shares sell from its few promoters (Source: Jamb News Service)
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Promoter share sell notice: Fewa

Fewa Finance Co. Ltd. has issued notice to its promoter shareholders who are interested to purchase promoter shares from some existing shareholders.(Source: Jamb News Service)
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Peoples Finance: Promoter share sell notice

Peoples Finance Ltd. has issued notice to interested promoter shareholders who want to buy promoters shares from some promoters.
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NFL Barred from selling Unsubscribed Right Shares

Nepal Rastra Bank and the Security Board of Nepal (SEBON) have directed National Finance Limited (NFL) not to sell its unsubscribed shares during the issuance of right shares at a premium price. National Finance, which is at the final stages of a merger with Narayani Finance Limited, was seeking to sell 18,000 units of its unsubscribed shares at a premium price of Rs. 600 per share.

Earlier, it had issued 6.3 million units of right shares. As per central bank regulations, such unsubscribed shares should be auctioned, but the minimum per share price should be fixed at Rs. 100. The rules state that companies that make a profit for three consecutive years can sell their shares at a premium price during their initial public offering (IPO).

“We intervened in National Finance’s attempt and directed it to act as per the central bank’s directives,” said SEBON chairman Surbir Poudel. “We have written to Nepal Rastra Bank regarding the matter.” Central bank director Laxmi Prapanna Niraula confirmed that the central bank had directed the finance company not to sell its unsubscribed shares at a premium price.

“They have every right not to sell the shares if they could not get the expected price,” he said. “They must follow Nepal Rastra Bank’s directives strictly.” The company admitted it had received the central bank’s directive not to go ahead with its plan.

“That’s why we are cancelling the sale of our shares at the rate Rs. 600 per share and planning to make a fresh call for action by the first week of September,” said Umesh Singh Bhandari, chief executive officer of the company. He said that companies should be allowed to set a premium price as per their performance given that they have been authorized to not even accept the offered price. With the subscription of right shares, its paid-up capital has already reached Rs. 220 million. The total paid-up capital of the new company Narayani National Finance which was created after the merger is Rs. 440 million with an equal amount of paid-up capital of Narayani Finance.

After the merger, its reserve capital has too remained at Rs. 180 million. “We are going to issue right share worth Rs. 220 million in mid-October which will raise our classification to B class,” Bhandari said.
Source: Kantipur
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NMB Bank: Right share on Auction

NMB Bank Ltd. has announced to sell 53586 units of non-demanded right share on auction at minimum price of Rs 100
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Peoples Finance: Share Sell Call extended

Peoples Finance Ltd. has extended date of share sell call to the promoter shareholders up to 2066 Bhadra 31 (16th September 2009) (Source: Jamb News Service)
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Alpic Everest Finance: Promoters Share Sale

Alpic Everest Finance Co. Ltd. has announced the sale of its prevailing promoter share.
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Paschimanchal Development Bank: Promoters Share Sale Notice

Paschimanchal Development Bank Ltd. has announced the sale of its prevailing promoter share.
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Peoples Finance: Share Sell Call

Peoples Finance Ltd. has made a call to the promoter shareholders for selling 609020 right shares. These are the unsubscribed shares after the right share issue.
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Share Sell Call: NBB

Nepal Bangladesh Bank is selling ordinary and promoter shares of three companies it owned. Interested candidates need to submit their application within 7 days from today.
Source: Jamb News Service
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