Kumari appoints Siddhartha Capital as issue manager

KATHMANDU, Dec 26: Kumari Bank Ltd has appointed Siddhartha Capital Ltd as the issue manager for the bank’s 50 percent rights issue.

By Republica

KATHMANDU, Dec 26: Kumari Bank Ltd has appointed Siddhartha Capital Ltd as the issue manager for the bank’s 50 percent rights issue.

Issuing a statement, the bank said that Rajib Giri, acting CEO of Kumari Bank and Dhruba Timilsina, CEO of Siddhartha Capital Ltd, signed the agreement on behalf of their respective companies.

According to the statement, total paid-up capital of the bank will reach Rs 4 billion after the rights issue.

Just in

OPINION

National Trading of Nature Corporation?

Editorial

Tightening Borders, Testing Lives

screening-passengers-Parsa-border-point_20200323080742.jpg

POLITICS

Debate on special convention in NC has ended: Thapa

Republica watch

FDI commitment reaches nearly Rs 41.79 billion in...

High-Level Commission formed to probe wealth of po...

Balen Cabinet after Reshuffle-1776261208.webp

Nepal records highest LPG imports in three months

Home Minister Gurung under mounting pressure to resign over shareholding controve...

Minister Gurung is under mounting pressure to resign over undisclosed shareholdings linked to a money-laundering accused businessman, as opposition parties and civil society demand an independent prob...

POLITICS

Muslim Commission submits report to Gandaki Province Chief

Op-Ed

Rethinking the ‘India First’ Tradition

Open Letter to PM: Resolve Bhutanese Refugee Crisis,...

Smart Technology, Poor Choices: The AI Allocation Pr...

Reversing Nepal’s Deindustrialization Curve

Society

Society

Transport services barred from operating outside bus park

The metropolis had earlier issued a public notice on April 7, urging both long- and short-distance buses to operate from within the bus park. A meeting chaired by Acting Mayor Sunita Dangol on Mond...

Society