Stories Tagged ' securities board of nepal '
The Nepal Stock Exchange on Monday cancelled trades in Upper Tamakoshi shares after prices rose more than 50 percent exceeding limits set by the bourse.
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The Ministry of Finance plans to create a task force including capital market experts to study the performance of the stock exchange and make policy recommendations to the government.
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The Securities Board of Nepal (Sebon) asked the Nepal Stock Exchange (Nepse) to start work to issue licences to securities dealers in a bid to revitalise the stock market which has been wallowing in a bear market.
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Middle Bhotekoshi Hydropower Company has received permission from the Securities Board of Nepal (SEBON) to issue shares to the public. The developer of the 102 MW Middle Bhotekoshi Hydropower Project plans to issue 29.4 million general shares worth Rs2.94 billion in three phases.
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A total of 21 companies have sought approval from the Securities Board of Nepal (Sebon) to make initial public offerings (IPOs) worth Rs4.66 billion. Among the applicants are 15 hydropower companies, four microfinance, one merchant bank and one investment company.
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The Securities Board of Nepal (Sebon) is mulling to enforce a separate regulation from the next fiscal year in a bid to check insider trading. Insider trading refers to the buying or selling of securities by someone who has information that is not available to the public..
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