Kathmandu, Dec 31
The much overdue rights shares of Arun Valley Hydropower Development Company Limited (AHPC) will be issued within the month of Magh.
The fourth Annual General Meeting of the hydro power developer held two years back had endorsed rights shares at 1:1 ratio.
“ICRA Nepal has just awarded Grade 3 credit rating to the rights shares of AHPC, which is not bad at all,” AHPC company secretary Arjun Neupane informed sharesansar today. “Now we are confident that the SEBON would approve the rights issue shortly.”
Asked when they plan to float the rights issue, he said that it will be issued within Magh – probably in the last week of the month.
Source: sharesansar
The much overdue rights shares of Arun Valley Hydropower Development Company Limited (AHPC) will be issued within the month of Magh.
The fourth Annual General Meeting of the hydro power developer held two years back had endorsed rights shares at 1:1 ratio.
“ICRA Nepal has just awarded Grade 3 credit rating to the rights shares of AHPC, which is not bad at all,” AHPC company secretary Arjun Neupane informed sharesansar today. “Now we are confident that the SEBON would approve the rights issue shortly.”
Asked when they plan to float the rights issue, he said that it will be issued within Magh – probably in the last week of the month.
Source: sharesansar
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