KATHMANDU, Oct 14: High-ranking officials of the Securities Board of Nepal (Sebon) and Nepal Insurance Authority (NIA) have been alleged of being involved in taking undue benefits to favor insurance companies while allowing them permits for issuing initial public offerings (IPOs) at premium prices.
KATHMANDU, June 12: The Finance Committee under the House of Representatives is set to seek response from the Securities Board of Nepal (SEBON) over the process of issuing licenses for a new stock exchange and brokers.
KATHMANDU, June 3: A total of nine hydropower companies have been waiting to receive approval of the Securities Board of Nepal (Sebon) to issue their initial public offerings (IPOs) worth Rs 1.982 billion.
KATHMANDU, Feb 18: The Securities Board of Nepal (SEBON) will be allowing the stockbrokers to open a branch office in the Kathmandu Valley only if they operate at least three branch offices outside the valley.
KATHMANDU, Oct 15: The Securities Board of Nepal (SEBON) has cautioned the stockbrokers to clear transactions in T+2 model amid complaints that a number of brokerage companies have been delaying to clear transactions on the prescribed deadline.
KATHMANDU, Sept 18: The Securities Board of Nepal (Sebon), after going through a dilly-dally for a long time period, has decided to issue licenses to a new stock exchange, commodities exchanges and brokerage firms.
KATHMANDU, July 29: The Securities Board of Nepal (SEBON) will accommodate Nepali migrant workers onboard the stock market. Its proposed policy reserves 10 percent in the sale of IPO shares in Nepal, according to SEBON Chair Ramesh Kumar Hamal.
KATHMANDU, June 28: Stock brokerage firms have been allowed to operate their own Trade Management System (TMS), with the Securities Board of Nepal enforcing the separate working guideline for this purpose.
KATHMANDU, June 24: Tilak Koirala, who had been staging a fast unto death protest, demanding reforms in and expansion of the share market in Nepal, broke his strike following a 19-point agreement reached between the agitating share investors and Security Board of Nepal (Sebon) on Friday.
KATHMANDU, May 7: The Securities Board of Nepal (Sebon) has directed Nepal Stock Exchange (Nepse) to run the secondary market from Monday to Friday every week, citing the two-day weekend announced by the government.
KATHMANDU, May 3: Share investors can now get up to 70 percent margin loan from stockbrokers, with the Securities Board of Nepal (Sebon) enforcing a revised guideline on margin transactions last Wednesday.
KATHMANDU, Dec 29: As many as 24 different companies are set to issue their initial public offerings (IPOs) worth Rs 6.5 billion in shares, according to the Securities Board of Nepal Strategic Plan (SEBON). Among the companies offering their IPOs, 14 are hydropower companies, six are microfinance companies, two are insurance companies, and two others.
KATHMANDU, Nov 1: The initial public offerings (IPOs) worth more than Rs 1.84 billion have been put on hold as the Security Board of Nepal (Sebon)-- the government’s regulatory body of the sector-- has remained without its chairperson for almost a month.
KATHMANDU, August 20: The Finance Committee under the House of Representatives has directed the government to carry out an investigation immediately into the alleged involvement of some office-bearers of the Securities Board of Nepal (Sebon) and Nepal Stock Exchange (Nepse) in the share market and take action against them.
KATHMANDU, August 1: The Employees Union of the Securities Board of Nepal (Sebon) has urged the government authorities concerned to carry out an investigation into the controversial case of Sebon Chairman Bhisma Raj Dhungana’s alleged involvement in insider trading.
KATHMANDU, July 25: The Securities Board of Nepal (Sebon) has recommended to the Ministry of Finance to fix a paid-up capital requirement of up to Rs 1 billion for new brokerage firms to get a license.
KATHMANDU, June 24: The Securities Board of Nepal (Sebon) has revised the pricing range of stocks in pre-open market session in Nepal Stock Exchange (Nepse) in an apparent bid to check the excess rise in share prices on daily trading in the secondary market.
KATHMANDU, June 10: The Securities Board of Nepal (Sebon) is considering issuing additional 35 licenses to brokerage companies, citing an excessive rise in transactions in the secondary market in recent days.
KATHMANDU, May 4: The Securities Board of Nepal (Sebon) has permitted five companies to establish and mobilize the specialized investment fund, opening a gateway to attract necessary capital for long term growth of businesses including start-ups.