Lumbini Development Bank's 151,000+ shares up for sale
Lumbini Development Bank has opened the sale of 151,585 shares from its promoter group to general and institutional investors. After existing promoter shareholders were given 35 days but no applications were received, the shares have been opened to other investors for 15 days.
Kathmandu. Lumbini Development Bank has put 151,585 shares from its promoter group up for sale. These shares can be applied for purchase by general investors and institutions.
Interested eligible investors must submit applications within 15 days at the bank's central office located in Dillibazar, Kathmandu.
Previously, the bank had offered the shares to existing promoter shareholders with a 35-day period. However, as no applications were received from promoter shareholders, the shares have now been opened for sale to other individuals and institutions.