Wednesday, September 21, 2016

Press release of Security Board of Nepal (SEBON)

Security Board of Nepal (SEBON) has issued notice to CDSC, Merchant Bank and Listed Companies addressing the complaints of investors relating to IPO, right share form fill up, insufficient collection centers for right share and problem in fragmented shares.

SEBON has instructed all the merchant bankers to provide enough number of collection centers for submitting IPO and right share application forms for all the investors/shareholders.

Similarly, any companies undergoing merger or acquisition process should start trading right after joint operation or at least within 15 days of merger/acquisition process.


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