Securities
Board of Nepal has issued a press release regarding the formation expert
committee to submit a proposal of regulations for issuing Right Share and
Further Public Offering (FPO) of listed companies such as hydropower and other
companies having no regulating body within a month.
The newly
formed committee will suggest necessary criteria related to issue FPO and right
shares of those listed companies having no regulatory body.
Having a glimpse at the comments people have submitted at the shareware.com; I saw some who have taking this system as source for making money for banks! Let us think in a positive ways for once at the least. ASBA system, without a tiny doubt, would bring a revolution in Nepalese Stock Market. We should be thankful to those who have made their valuable contributions to introduce the system Luke ASBA. To be honest, NPR 100 as the charge is not that much high since this system is under an initial phase. We should try and offer our feedbacks to the governing body such as SEBON; which they will be receiving the heaps critical and appraisals from the general public as a response to make it even more better and effective. For the same, stop acting like a radical and let's participate under ASBA system and give our offerings as the feedbacks to the SEBON. This is the way it will sharpen up; so to make amendments as required and as needed to make it more productive, accessible and convenient one. It depends upon us all, that is we, Nepalese People to provide accurate feedbacks to make it a grand success in the history of Nepalese stock Market as a whole. Computers would not be irrational but humans may get biased upon different circumstances. Computer based system will see every one of us in equality; hence, we would be rewarded by this system. As far as the fees regarding the initial phase of the practical implementation of the ASBA system, it is fair enough as in the future it would prove to be the best amongst the rest for sure. All of us should cooperate upon this rather than criticizing. I see a brighter side along with this ASBA system. Nevertheless, It is more simple than you could ever think of. Change is all we need at this very age of rapidly changing technologies and innovations. Let's become a part of it as to make it the best one in the future. THIS IS SUCH A THING THAT ALL OF US INCLUDING THE WHOLE NATION SHOULD FEEL REAL PROUD & HONORED TO HAVE THE SYSTEM LIKE ASBA INTRODUCED IN OUR OWN LAND!
ReplyDeleteJAI NEPAL!
~ Binaya Shrestha
bneshr@gmail.com