KATHMANDU: The local bourse witnessed one of its most bland trading sessions as associations of merchant banks and stock brokers issued a press release on the day stating that all merchant bank and broker offices will remain closed between March 22 and April 2.
KATHMANDU, Sept 18: The government has tabled a new bill to amend the Securities Act, 2007 proposing a removal of a provision in the law that ensures representation from the private sector and the regulatory body of chartered accountants as board members of the Securities Board of Nepal (SEBON).
KATHMANDU, July 1: The Securities Board of Nepal (Sebon) in collaboration with International Network on Financial Education (INFE) under the Organisation for Economic Co-operation and Development (OECD) is organizing a two-day ‘Conference and Roundtable on Financial Consumer Protection and Education in Asia Pacific’.
KATHMANDU, March 14: The Securities Board of Nepal (Sebon ) has issued the Specialized Investment Fund Regulation, 2075 (2019), paving the legal way for operation of various funds like private equity fund, venture capital fund and hedge fund, among other specialized types of investment funds, in the securities market.
KATHMANDU, Dec 7: The government has formed a high-level committee under Nepal Rastra Bank (NRB) Deputy Governor Shiva Raj Shrestha to look into the overall trend of monetary and capital market in recent time and recommend to the government suggestions for maintaining financial stability and addressing problems related to investment for industrial sector and capital market.
KATHMANDU, Aug 5: The Securities Board of Nepal (Sebon) approved primary shares worth Rs 20.78 billion, of 21 companies, in the last Fiscal Year 2017/18. The capital market regulator allowed the companies to issue a total 192.88 million units of share.
KATHMANDU, July 27: Securities Board of Nepal (Sebon) has initiated a process to take action against mutual fund managers for parking their cash in bank and financial institutions (BFIs) in amounts higher than the limit.
KATHMANDU, June 10: Upper Tamakoshi Hydropower Ltd has received approval from the Securities Board of Nepal (Sebon) to float its primary shares to the affected communities in the project area and the general public.
KATHMANDU, Feb 10: The Securities Board of Nepal (Sebon) has issued new directives related to corporate governance for listed companies that require them, among others, to have two different individuals for the posts of chairperson and chief executive officer (CEO).
KATHMANDU, Jan 1: The Securities Board of Nepal (SEBON) has directed the sides concerned to provide information about their financial status before issuing their initial public offering (IPO) so that the people can make informed decision.
KATHMANDU, July 22: A total of 19 companies are awaiting approval of the Securities Board of Nepal (Sebon) to float 135.75 million units of rights issue. According to the Sebon, these 19 companies plan to raise Rs 13.56 billion from the rights issue.
KATHMANDU, June 1: Mega Bank Limited has sought approval from the Securities Board of Nepal to float 65 percent rights issue. It has already appointed Nabil Investment Banking Ltd as issue manager for the rights issue.
KATHMANDU, May 29: Listed companies will be allowed to float their next further public offering (FPO) only five years after their earlier FPO, according to a new rule introduced by the Securities Board of Nepal (Sebon).
KATHMANDU, Feb 20: Standard Chartered Bank Ltd Nepal (SCBNL) has received approval for providing Application Supported by Blocked Amount (ASBA) service from the Securities and Exchange Board of Nepal (Sebon).
KATHMANDU, Jan 28 : While bankers are ruing shortage of loan-able funds due to slow growth in deposits, Securities Board of Nepal (Sebon) has scrapped a rule that required the money collected in the initial public offering (IPO) or follow-up public offering (FPO) to be parked at the Nepal Rastra Bank (NRB) for a certain period of time.
KATHMANDU, Dec 7: Securities Board of Nepal (Sebon) has introduced a new set of conditions and standards for the listed companies, except bank and financial institutions (BFIs) and insurance companies, for rights and follow-on public offerings (FPOs)
KATHMANDU, Nov 24: The Securities Board of Nepal (Sebon) put the process to approve the Draft of Trade Guarantee Fund Bylaws and Auction Trading Working Procedure submitted by Nepal Stock Exchange (Nepse) three months ago, citing procedural flaws.
KATHMANDU, Oct 29: The Securities Board of Nepal (Sebon) has taken action against four merchant bankers and six brokerage firms for not submitting their annual financial reports of last fiscal year 2015/16.
KATHMANDU, Oct 19: The Securities Board of Nepal (Sebon) has formed a committee to study possible effects of opening the secondary share market to direct investment from non-resident Nepalis (NRNs) and to draft a working procedure for such investment.
KATHMANDU, Aug 22: Securities Board of Nepal (Sebon) has issued a nine-point instruction to all depository participants (DPs) and share registrars to expedite and simplify services related to dematerialization of shares.
KATHMANDU, July 23: Following reduction of brokerage commission by 40 percent, Securities Board of Nepal (Sebon) has also brought down service charge on transaction of Over-the-counter (OTC) market by almost 90 percent.