Laxmi Capital appointed issue manager of Union Hydropower

Published On: June 28, 2016 08:46 PM NPT By: Republica | @RepublicaNepal

KATHMANDU, June28: Laxmi Capital Market Ltd has been appointed as issue manager to float initial public offering (IPO) of Union Hydropower Ltd.

Union Hydropower is preparing to issue 1.4 million units of shares with face value of Rs 100 to general public.

Kiran Malla, executive chairman of Union Hydropower Ltd and Rajiv Sapkota, CEO of Laxmi Capital Market Ltd, signed the agreement to this effect, according to a statement issued on Tuesday.

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