Sanima Bank’s preference shares listed on NEPSE, who gets to buy and sell?
▸ Part of: Nepal Securities Board Approves IPOs for 24 Companies, Valued at Rs 9.11 Billion
Preference shares of Sanima Bank Limited have been listed on the NEPSE Stock Exchange, with 20 million units valued at Rs 2 billion. The bank has set a dividend rate of 8.25 percent, distributed only in profitable years. Muktinath Capital Limited managed the IPO issuance. These preference shares will be traded exclusively among institutional investors starting Friday, as general investors, securities dealers, and mutual investment funds are restricted from buying or selling them.
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