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Machhapuchchhre Bank Puts 55,000 Founder Shares Up for Sale

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NEPSE trading

Machhapuchchhre Bank Puts 55,000 Founder Shares Up for Sale

Machhapuchchhre Bank has put 55,000 founder shares, held by existing founder shareholders, up for sale.

Share Purchase:

  • Only the bank's existing founder shareholders are eligible to purchase these shares.

Application Process:

  • Interested buyers must submit their applications with the required documents within 35 days to the share department located on the 3rd floor of JDA Complex, Sundhara, at Machhapuchchhre Capital Limited.

Application Details:

  • The application must clearly specify the number of shares and the price the buyer wishes to offer.

Opportunity for Other Buyers:

  • If no purchase applications are submitted by the existing founder shareholders within the specified time, the shares will be offered to other individuals or institutions.

This process aims to strengthen institutional ownership by providing additional opportunities to the bank’s founder shareholders.

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