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NEPSE & MarketsVideo
Securities Board releases concept paper on foundational share sales
The regulatory body published a conceptual document regarding advance notifications for major shareholders selling stakes.
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Transcript · Captions
- 0:01The regulatory body has published a
- 0:03concept paper concerning advance notices for
- 0:06foundational shareholders
- 0:09Foundational shareholders holding five percent or
- 0:11more must give fifteen days
- 0:13advance notice
- 0:15The concept paper outlines the rationale
- 0:18international practices and proposed framework
- 0:22The initiative aims to enhance market
- 0:24monitoring and investor protection
- 0:27Securities Board of Nepal
- 0:31For the full story visit wenepal.com
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