KATHMANDU

A Nepal reinsurance company has opened the sale of its founder shares. The company has opened the sale of 20 lakh shares owned by Himalayan Everest Insurance from 26th Mangsir.

Only the founder shareholders of the company can apply for the sale of the founder shares. Interested investors can apply for all shares, from a minimum of 1 lakh to a maximum of all shares. Applications must be submitted within the next 35 days, along with the necessary documents, at the company’s office.

When applying, the applicant must specify the number of shares they want to purchase. For the said shares, a confidential letter must be submitted stating the minimum price of 200 rupees or more.