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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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  1. 0:01The regulatory body has published a
  2. 0:03concept paper concerning advance notices for
  3. 0:06foundational shareholders
  4. 0:09Foundational shareholders holding five percent or
  5. 0:11more must give fifteen days
  6. 0:13advance notice
  7. 0:15The concept paper outlines the rationale
  8. 0:18international practices and proposed framework
  9. 0:22The initiative aims to enhance market
  10. 0:24monitoring and investor protection
  11. 0:27Securities Board of Nepal
  12. 0:31For the full story visit wenepal.com

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