The British College

Last Day to Apply for IPO of CEDB Hydropower

News 04 May 2021 391 0

Last Day to Apply for IPO of CEBD Hydropower

CEDB Hydropower Development Company Limited Notice regarding public issue and sale of ordinary shares (IPO)

25,18,230 shares  (2% or 50,365 shares allotted to employees, 5% or 1,25,911 shares allotted to collective investment funds) of CEDB Hydropower Development Company Limited with a face value of Rs. 100 per share and the remaining 23,41,954 ordinary shares have been issued and opened for sale since 2078-1-17 due to over-application.

After the banking hours on 2078-01-21, we would like to inform everyone of the information regarding the closing of the application process for the said shares.

C-ASBA member banks and financial institutions involved in this issuance are requested to consider this information as official and close the application date for ordinary shares on 2078-01-21 (after banking hours).

CEDB would like to thank all the well-wishers, investor applicants, all collection centers, C-ASBA member banks, and financial institutions, regulatory bodies and all concerned bodies for their support and goodwill in the IPO issue.

Sunrise Capital Limited

Kamalpokhari, Kathmandu

Phone No .: 01-4528550, 01-4528660