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Thursday, April 11, 2019

SEBON relaxes rule

KATHMANDU: Securities Board of Nepal (SEBON) has relaxed the rule on the minimum number of units that people could apply for in public issue from 50 units to 10 units.

The move is expected to benefit students, homemakers and other small investors and make the share market more inclusive and accessible to a greater mass.

The directive will go into effect immediately, as per the notice.

“SEBON is hopeful that this decision will help achieve the goal of ‘one citizen, one demat’ by providing access to all in the capital market,” the statement read.

from Business – The Himalayan Times http://bit.ly/2P3vq7X

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