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Vision Lumbini Appoints Muktinath Capital as IPO Issue Manager

ShareSansar •
December 15, 2016 • 10:55 AM
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|| ShareSansar || Vision Lumbini Limited has appointed Muktinath Capital Limited as the issue manager to advance its Initial Public Offering (IPO) process and provide the general public an opportunity to participate in...

Vision Lumbini Appoints Muktinath Capital as IPO Issue Manager

Vision Lumbini Limited has appointed Muktinath Capital Limited as the issue manager to advance its Initial Public Offering (IPO) process and provide the general public an opportunity to participate in the company’s ownership. Vision Lumbini Chairman Jagat Bahadur Pokharel and Muktinath Capital CEO Kabindra Dhoj Joshi signed the agreement during a formal ceremony.

Under the proposed IPO, the company will issue 12.50 lakhs ordinary shares, representing 20% of its issued capital, to the general public at a face value of Rs. 100 per share.

Vision Lumbini is an investment company focused on identifying and promoting investment opportunities across sectors including hydropower and renewable energy, agriculture, tourism, transportation, communications, information technology, and mineral exploration.

The company aims to mobilize domestic capital and resources effectively, support new investment opportunities, create employment, and contribute to national economic development. The company plans to expand investments in promising projects, particularly in hydropower, renewable energy, agriculture, and other productive sectors, with a focus on long-term investment strategies, professional management, and modern technology.

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