Mountain Energy Nepal Appoints NIBL Ace Capital As Share Registrar (RTS)
December 15, 2020 | Investopaper
Mountain Energy Nepal Limited has appointed NIBL Ace Capital Limited as the Registrar To Share (RTS). The company has appointed NIBL Ace Capital to keep records related to securities trading, registration of shares, transfer of name, and others.
NIBL Ace Capital Limited, a subsidiary company of Nepal Investment Bank Limited, is a licensed merchant banker from the Securities Board of Nepal. It provides various services such as Issue Management, Security Underwriting, Registrar to the Shares (RTS), Depository Participant (DP), and Portfolio Management Services.
Mountain Energy Nepal is a hydropower company that has recently issued 39,36,054 shares in the initial public offering. It is developing 42 MW Mistri Khola Hydroelectric Project (MKHEP) through a subsidiary company.
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