January 13, 2020 | Investopaper
Multipurpose Finance Company is auctioning about 20 lakh units share from Poush 14, 2076. The auction will remain open until Poush 28.
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The finance company had issued an 86.50 percent right share from Ashad 23, 2076 to Bhadra 9, 2076. Out of the total issue, 20,00,378 units remained unsold during the right offering. Multipurpose Finance is trying to sell these unsold shares in the auction. The total shares in the auction include:
Promoter Shares: 18,50,721 units
Ordinary Shares: 1,49,657 units
Interested investors can purchase the shares in the auction by purchasing the application form from the Civil Capital Limited and other allocated collection centers.
The auction notice is shown below: