Stock Market News{2066/6/4}

• Nepal Development and Employment Promotion Bank is selling 9030 shares on auction . These are the unsubcribed shares after the right shares issue.
• Malika Development Bank has extended its right share issue date up to 2066/6/29.
• Business Development Bank is issuing 1:2.1 right share from 2066/6/19. Its issue manger is Ace Development Bank.
• Standard Chartered Bank has announced its 23rd AGM to be held on 2066/7/18 having its book closure on 2066/6/20.
• Securities Board of Nepal registered ordinary share and grant approval for Asian Life Insurance to issue 10 lakh 80 thousand kitta share to the general public . Insurance has appointed NIDC Capital Markets for the issue manager.

Yak and Yeti Hotel for de-listing

The Yak and Yeti Hotel is trying to get de-listed from the Nepal Stock Exchange ( NEPSE) . However, it is yet to receive Nepse's green signal. The hotel has submitted an application to Nepse two years ago to get de-listed . But Nepse hasn't made any decision in this regard. With Nepse delaying the decision, the hotel hasn't paid the renewal fee to the stock exchange.

Stock Market News( 2066/6/2)

• Nava Durga Finance is distributing its right share certificate from 2066/6/2.
• Fewa Finance has allotted its 1:2 right share on 2066/5/28.
• Annapurna Finance Company has proposed 10% cash dividend from the profit of fiscal year 2065/66.
• Peoples Finance has issued notice to interested share holders who want to buy promoters shares from some promoters.
• Kuber Merchant Bittiya Sanstha has changed its name to Kuber Merchant Finance ltd.

Stock Market News{2066/6/1}

• Business Development Bank is issuing 1:2.1 right share . Issue Opening Date: 2066/6/19, No of share : 44 lakh 10 thousand, Issue Closing Date:2066/7/22, Issue Manager:Ace Development Bank.
• Nepal Share Market has allotted its 1 crore 56 lakh 77 thousand 2 hundred and 80 kitta right share .
• Sagarmatha Insurance is distributing 10.68 % cash dividend from 2066/6/1.
• The BOD meeting of Hythway Investment has decided to purpose 5 % cash dividend from the profit of fiscal year 2065/66.
• The BOD meeting of DCBL Bank has decided to distribute 5 % bonus share for the year 2065/66 after the approval of Nepal Rastra Bank .
• Nepse has been decreased by 1.54 points on wednesday according to the previous day.

• The BOD meeting of Ace Development Bank has decided to distribute 5.5 % cash dividend from the profit of fiscal year 2065/66 after the approval of NRB.

Bank Hydropowet firm ink deal

Ankhukhola Hydro power Company has signed an agreement with six banks and financial institution that will see Rs 700 million lent to the hydel project that aims to start electricity generation by June 2010. Prime Commercial Bank, Machhapuchchhre Bank, Sunrise Bank and Kist Bank led by Prime Commercial Bank; Kasthmandup Development Bank and Standard Finance signed the agreement to lend to the seven megawatt (MW) Ankhukhola Hydro power Project that has already finished 30 % of its preliminary work.

Stock Market News{2066/5/31}

Nepal Rastra Bank is issuing 91 days, 182 days and 365 days treasury bill . The bid quotations are to be submitted by 2066/6/4.

Citizen Bank International is distributing 10 % cash dividend from 2066/5/31.

Civil Merchant Bittiya Sanstha: 4th Quarter Report Analysis

• Earning Per Share: Rs 15.17
• Net Worth Per Share: Rs 126
• Price Earning Ratio: 25.64
• Liquidity Ratio: 2.51

One More Development Bank

Social Development Bank got license from the Nepal Rastra Bank (NRB) board on Monday to start banking operation . The board also decided to issue license to all development banks, which have deposited five percent of paid up capital in the central bank and met other criteria. Those who have not deposited the paid -up capital will not license immediately .

Stock Market News{2066/5/30}

Prime Commercial Bank is distributing its general share certificate from 2066/5/30.

Malika Vikas Bank: 4th Quarter Report Analysis

• Net Profit:23527000
• Earning Per Share:39.21
• Net Worth Per Share:174
• Liquidity Ratio:11.30
• Price Earning Ratio:30.60

Nepse has been increased by 11.1 points according to the previous day.

The BOD meeting of Annapurna Bikas Bank has decided to distribute 15 % cash dividend from the profit of fiscsal year 2065/66.

Stock Market News(2066/5/29)

• Commodities and Metal Exchange Nepal published 1st AGM notice; Date:2066/6/3, Time:3pm, Place:Company office, Laldurbar, Kathmandu, Agenda:Annual Report.
• Gorkha Finance has published notice to its promoter shareholder who are interested to purchase promoter shares.
• Guras Life Insurance Company published 1st AGM notice; Date:2066/6/23, Time:4pm, Place:Head office, Lalcolonimarg, Kathmandu, Agenda:Annual Report.
• Unilever Nepal ltd published book close notice on 2066/6/5 for the purpose of distributing Rs 325 interim dividend per share out of the aforementioned final dividend of Rs 450 from the profit of fiscal year 2065/66.
• The BOD meeting of Global Bank held on 2066/5/28 has decided to issue 2:1 right share for its capital increment after the approval on NRB.
• The BOD meeting of United Finance has decided to propose 12.5 % bonus share and 0.65 % cash dividend for the year 2065/66 after the approval of NRB.
• The BOD meeting of Reliable Finace has decided to provide 20 % bonus share and 10 % cash dividend for the year 2065/66 on subject to approval from NRB.

SRCS completed 2o7th batch of share training group.

Investor Mr.Jeevan Basnet at SRCS Investor's Club.

NRB gave Letter of Intent to 3 new bank

Nepal Rastrya Bank has given three proposed commercial bank letter of Intent to open. These banks are Nepal Business Bank, People's Bank and Commerce and Trust Bank. Three other banks awaiting letter of intent are Century Bank Ltd, State Bank of Nepal.Nepal Business Bank will have an authorised capital of Rs 4 billion and a paid up capital of Rs 2.33 billion. There are 1228 promoters in this bank . As per the proposed investment, the People's Bank and Commerce and Trust Bank will have a paid up capital of Rs 2 billion.