May 12: Citizens Investment Trust and NMB Bank have finalized an agreement regarding further public offering. The bank appointed CIT as its issue manager to manage the 14,415,163 units of FPO.
Ram Krishna Pokharel, executive director of CIT and Sunil KC, CEO of NMB Bank signed the agreement amid a program on May 11. According to the agreement, the FPO will be issued with a face value of Rs 100 at premium.
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