ECONOMY

Vijaya Laghubitta receives approval to issue FPO worth Rs 466 million

The Securities Board of Nepal (SEBON) granted approval to the microfinance institution on Sunday. Vijaya Laghubitta will issue 466,817 units of FPO shares, amounting to Rs 466.81 million.
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By REPUBLICA

KATHMANDU, Dec 3: Vijaya Laghubitta Financial Institution has received approval to issue a Further Public Offering (FPO).



The Securities Board of Nepal (SEBON) granted approval to the microfinance institution on Sunday. Vijaya Laghubitta will issue 466,817 units of FPO shares, amounting to Rs 466.81 million.


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Wean Nepal Laghubitta Bittiya’s FPO to open from April 3


The shares will be sold at a par value of Rs 100 per unit. NMB Capital has been appointed as the issue and sales manager for the FPO.


 

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