$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '3428',
'article_category_id' => '34',
'title' => 'Nepal Bank to Sell Promoter Share of Nepal Insurance',
'sub_title' => '',
'summary' => 'April 28: Nepal Bank has planned of selling promoters’ shares of Nepal Insurance through auction bidding. The bank is selling 1,031,674 unit shares of Nepal Insurance at the minimum price of Rs 400. The bank has appointed Siddhartha Capital as Issue Manager. The bank has informed that interested investor can auction bid for minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company i.e. 431,410 unit shares. The existing shareholders of Nepal Insurance have to consider the limitation while auction bidding for the shares. The shareholders applying above Rs 1,000,000 needs to include their PAN number compulsorily, while, those shareholders applying up to Rs 1,000,000 can include their PAN number voluntarily. “The minimum pric',
'content' => '<p style="text-align: justify;">April 28: Nepal Bank is planning to sell promoter shares of Nepal Insurance through auction bidding. The bank is selling 1.031 unit of shares of the insurance at a minimum price of Rs 400. The bank has appointed Siddhartha Capital as the Issue Manager.</p>
<p style="text-align: justify;">The bank has set a limit of minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company or 431,410 units of shares for the interested investors. The existing shareholders of Nepal Insurance have to consider the limit while participating in the bidding process. The bank has include mandatory provision of including PAN number for shareholders applying above Rs 1 million. Meanwhile, shareholders applying up to Rs 1 million can include their PAN number willingly.</p>
<p style="text-align: justify;">“The minimum price per share tagged for auction bidding is Rs 400. Thus, investors applying lower than the price will be not included in the auction bidding evaluation process,” says the bank.</p>
<p style="text-align: justify;">The bank will receive minimum of Rs 410 millions income from the trading. If the shares are sold out at the current market price, the bank will get Rs 750 million. At present, the share price of Nepal Insurance is Rs 750 in the secondary market. The volume of share that is being sold by Nepal bank is 40 percent of total paid-up capital of the insurance company.</p>
<p style="text-align: justify;">After the sales, the bank will still own 10 percent shares of Nepal Insurance. 21 days has been provided for the submission of applications for the auction bidding. The bank has clarifed that the share application of interested investors should reach Siddhartha Capital before 3 pm on May 17. Besides Nepal Insurance, the bank is also planning to sell shares of Rastriya Beema Sansthan, Citizen Investment Trust and Hotel Hyatt. </p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-04-28',
'modified' => '2016-04-28',
'keywords' => '',
'description' => '',
'sortorder' => '3264',
'image' => '20160428011535_nepal bank.JPG',
'article_date' => '2016-04-28 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '34',
'name' => 'Biznews',
'parentOf' => '208',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '3428',
'article_category_id' => '34',
'title' => 'Nepal Bank to Sell Promoter Share of Nepal Insurance',
'sub_title' => '',
'summary' => 'April 28: Nepal Bank has planned of selling promoters’ shares of Nepal Insurance through auction bidding. The bank is selling 1,031,674 unit shares of Nepal Insurance at the minimum price of Rs 400. The bank has appointed Siddhartha Capital as Issue Manager. The bank has informed that interested investor can auction bid for minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company i.e. 431,410 unit shares. The existing shareholders of Nepal Insurance have to consider the limitation while auction bidding for the shares. The shareholders applying above Rs 1,000,000 needs to include their PAN number compulsorily, while, those shareholders applying up to Rs 1,000,000 can include their PAN number voluntarily. “The minimum pric',
'content' => '<p style="text-align: justify;">April 28: Nepal Bank is planning to sell promoter shares of Nepal Insurance through auction bidding. The bank is selling 1.031 unit of shares of the insurance at a minimum price of Rs 400. The bank has appointed Siddhartha Capital as the Issue Manager.</p>
<p style="text-align: justify;">The bank has set a limit of minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company or 431,410 units of shares for the interested investors. The existing shareholders of Nepal Insurance have to consider the limit while participating in the bidding process. The bank has include mandatory provision of including PAN number for shareholders applying above Rs 1 million. Meanwhile, shareholders applying up to Rs 1 million can include their PAN number willingly.</p>
<p style="text-align: justify;">“The minimum price per share tagged for auction bidding is Rs 400. Thus, investors applying lower than the price will be not included in the auction bidding evaluation process,” says the bank.</p>
<p style="text-align: justify;">The bank will receive minimum of Rs 410 millions income from the trading. If the shares are sold out at the current market price, the bank will get Rs 750 million. At present, the share price of Nepal Insurance is Rs 750 in the secondary market. The volume of share that is being sold by Nepal bank is 40 percent of total paid-up capital of the insurance company.</p>
<p style="text-align: justify;">After the sales, the bank will still own 10 percent shares of Nepal Insurance. 21 days has been provided for the submission of applications for the auction bidding. The bank has clarifed that the share application of interested investors should reach Siddhartha Capital before 3 pm on May 17. Besides Nepal Insurance, the bank is also planning to sell shares of Rastriya Beema Sansthan, Citizen Investment Trust and Hotel Hyatt. </p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-04-28',
'modified' => '2016-04-28',
'keywords' => '',
'description' => '',
'sortorder' => '3264',
'image' => '20160428011535_nepal bank.JPG',
'article_date' => '2016-04-28 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '34',
'name' => 'Biznews',
'parentOf' => '208',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '3428',
'hit' => '4782'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/20160428011535_nepal bank.JPG'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '3428',
'article_category_id' => '34',
'title' => 'Nepal Bank to Sell Promoter Share of Nepal Insurance',
'sub_title' => '',
'summary' => 'April 28: Nepal Bank has planned of selling promoters’ shares of Nepal Insurance through auction bidding. The bank is selling 1,031,674 unit shares of Nepal Insurance at the minimum price of Rs 400. The bank has appointed Siddhartha Capital as Issue Manager. The bank has informed that interested investor can auction bid for minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company i.e. 431,410 unit shares. The existing shareholders of Nepal Insurance have to consider the limitation while auction bidding for the shares. The shareholders applying above Rs 1,000,000 needs to include their PAN number compulsorily, while, those shareholders applying up to Rs 1,000,000 can include their PAN number voluntarily. “The minimum pric',
'content' => '<p style="text-align: justify;">April 28: Nepal Bank is planning to sell promoter shares of Nepal Insurance through auction bidding. The bank is selling 1.031 unit of shares of the insurance at a minimum price of Rs 400. The bank has appointed Siddhartha Capital as the Issue Manager.</p>
<p style="text-align: justify;">The bank has set a limit of minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company or 431,410 units of shares for the interested investors. The existing shareholders of Nepal Insurance have to consider the limit while participating in the bidding process. The bank has include mandatory provision of including PAN number for shareholders applying above Rs 1 million. Meanwhile, shareholders applying up to Rs 1 million can include their PAN number willingly.</p>
<p style="text-align: justify;">“The minimum price per share tagged for auction bidding is Rs 400. Thus, investors applying lower than the price will be not included in the auction bidding evaluation process,” says the bank.</p>
<p style="text-align: justify;">The bank will receive minimum of Rs 410 millions income from the trading. If the shares are sold out at the current market price, the bank will get Rs 750 million. At present, the share price of Nepal Insurance is Rs 750 in the secondary market. The volume of share that is being sold by Nepal bank is 40 percent of total paid-up capital of the insurance company.</p>
<p style="text-align: justify;">After the sales, the bank will still own 10 percent shares of Nepal Insurance. 21 days has been provided for the submission of applications for the auction bidding. The bank has clarifed that the share application of interested investors should reach Siddhartha Capital before 3 pm on May 17. Besides Nepal Insurance, the bank is also planning to sell shares of Rastriya Beema Sansthan, Citizen Investment Trust and Hotel Hyatt. </p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-04-28',
'modified' => '2016-04-28',
'keywords' => '',
'description' => '',
'sortorder' => '3264',
'image' => '20160428011535_nepal bank.JPG',
'article_date' => '2016-04-28 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '34',
'name' => 'Biznews',
'parentOf' => '208',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '3428',
'article_category_id' => '34',
'title' => 'Nepal Bank to Sell Promoter Share of Nepal Insurance',
'sub_title' => '',
'summary' => 'April 28: Nepal Bank has planned of selling promoters’ shares of Nepal Insurance through auction bidding. The bank is selling 1,031,674 unit shares of Nepal Insurance at the minimum price of Rs 400. The bank has appointed Siddhartha Capital as Issue Manager. The bank has informed that interested investor can auction bid for minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company i.e. 431,410 unit shares. The existing shareholders of Nepal Insurance have to consider the limitation while auction bidding for the shares. The shareholders applying above Rs 1,000,000 needs to include their PAN number compulsorily, while, those shareholders applying up to Rs 1,000,000 can include their PAN number voluntarily. “The minimum pric',
'content' => '<p style="text-align: justify;">April 28: Nepal Bank is planning to sell promoter shares of Nepal Insurance through auction bidding. The bank is selling 1.031 unit of shares of the insurance at a minimum price of Rs 400. The bank has appointed Siddhartha Capital as the Issue Manager.</p>
<p style="text-align: justify;">The bank has set a limit of minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company or 431,410 units of shares for the interested investors. The existing shareholders of Nepal Insurance have to consider the limit while participating in the bidding process. The bank has include mandatory provision of including PAN number for shareholders applying above Rs 1 million. Meanwhile, shareholders applying up to Rs 1 million can include their PAN number willingly.</p>
<p style="text-align: justify;">“The minimum price per share tagged for auction bidding is Rs 400. Thus, investors applying lower than the price will be not included in the auction bidding evaluation process,” says the bank.</p>
<p style="text-align: justify;">The bank will receive minimum of Rs 410 millions income from the trading. If the shares are sold out at the current market price, the bank will get Rs 750 million. At present, the share price of Nepal Insurance is Rs 750 in the secondary market. The volume of share that is being sold by Nepal bank is 40 percent of total paid-up capital of the insurance company.</p>
<p style="text-align: justify;">After the sales, the bank will still own 10 percent shares of Nepal Insurance. 21 days has been provided for the submission of applications for the auction bidding. The bank has clarifed that the share application of interested investors should reach Siddhartha Capital before 3 pm on May 17. Besides Nepal Insurance, the bank is also planning to sell shares of Rastriya Beema Sansthan, Citizen Investment Trust and Hotel Hyatt. </p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-04-28',
'modified' => '2016-04-28',
'keywords' => '',
'description' => '',
'sortorder' => '3264',
'image' => '20160428011535_nepal bank.JPG',
'article_date' => '2016-04-28 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '34',
'name' => 'Biznews',
'parentOf' => '208',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '3428',
'hit' => '4782'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/20160428011535_nepal bank.JPG'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
//find the group of logged user
$groupId = $user['Group']['id'];
$user_id=$user["id"];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '3428',
'article_category_id' => '34',
'title' => 'Nepal Bank to Sell Promoter Share of Nepal Insurance',
'sub_title' => '',
'summary' => 'April 28: Nepal Bank has planned of selling promoters’ shares of Nepal Insurance through auction bidding. The bank is selling 1,031,674 unit shares of Nepal Insurance at the minimum price of Rs 400. The bank has appointed Siddhartha Capital as Issue Manager. The bank has informed that interested investor can auction bid for minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company i.e. 431,410 unit shares. The existing shareholders of Nepal Insurance have to consider the limitation while auction bidding for the shares. The shareholders applying above Rs 1,000,000 needs to include their PAN number compulsorily, while, those shareholders applying up to Rs 1,000,000 can include their PAN number voluntarily. “The minimum pric',
'content' => '<p style="text-align: justify;">April 28: Nepal Bank is planning to sell promoter shares of Nepal Insurance through auction bidding. The bank is selling 1.031 unit of shares of the insurance at a minimum price of Rs 400. The bank has appointed Siddhartha Capital as the Issue Manager.</p>
<p style="text-align: justify;">The bank has set a limit of minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company or 431,410 units of shares for the interested investors. The existing shareholders of Nepal Insurance have to consider the limit while participating in the bidding process. The bank has include mandatory provision of including PAN number for shareholders applying above Rs 1 million. Meanwhile, shareholders applying up to Rs 1 million can include their PAN number willingly.</p>
<p style="text-align: justify;">“The minimum price per share tagged for auction bidding is Rs 400. Thus, investors applying lower than the price will be not included in the auction bidding evaluation process,” says the bank.</p>
<p style="text-align: justify;">The bank will receive minimum of Rs 410 millions income from the trading. If the shares are sold out at the current market price, the bank will get Rs 750 million. At present, the share price of Nepal Insurance is Rs 750 in the secondary market. The volume of share that is being sold by Nepal bank is 40 percent of total paid-up capital of the insurance company.</p>
<p style="text-align: justify;">After the sales, the bank will still own 10 percent shares of Nepal Insurance. 21 days has been provided for the submission of applications for the auction bidding. The bank has clarifed that the share application of interested investors should reach Siddhartha Capital before 3 pm on May 17. Besides Nepal Insurance, the bank is also planning to sell shares of Rastriya Beema Sansthan, Citizen Investment Trust and Hotel Hyatt. </p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-04-28',
'modified' => '2016-04-28',
'keywords' => '',
'description' => '',
'sortorder' => '3264',
'image' => '20160428011535_nepal bank.JPG',
'article_date' => '2016-04-28 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '34',
'name' => 'Biznews',
'parentOf' => '208',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '3428',
'article_category_id' => '34',
'title' => 'Nepal Bank to Sell Promoter Share of Nepal Insurance',
'sub_title' => '',
'summary' => 'April 28: Nepal Bank has planned of selling promoters’ shares of Nepal Insurance through auction bidding. The bank is selling 1,031,674 unit shares of Nepal Insurance at the minimum price of Rs 400. The bank has appointed Siddhartha Capital as Issue Manager. The bank has informed that interested investor can auction bid for minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company i.e. 431,410 unit shares. The existing shareholders of Nepal Insurance have to consider the limitation while auction bidding for the shares. The shareholders applying above Rs 1,000,000 needs to include their PAN number compulsorily, while, those shareholders applying up to Rs 1,000,000 can include their PAN number voluntarily. “The minimum pric',
'content' => '<p style="text-align: justify;">April 28: Nepal Bank is planning to sell promoter shares of Nepal Insurance through auction bidding. The bank is selling 1.031 unit of shares of the insurance at a minimum price of Rs 400. The bank has appointed Siddhartha Capital as the Issue Manager.</p>
<p style="text-align: justify;">The bank has set a limit of minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company or 431,410 units of shares for the interested investors. The existing shareholders of Nepal Insurance have to consider the limit while participating in the bidding process. The bank has include mandatory provision of including PAN number for shareholders applying above Rs 1 million. Meanwhile, shareholders applying up to Rs 1 million can include their PAN number willingly.</p>
<p style="text-align: justify;">“The minimum price per share tagged for auction bidding is Rs 400. Thus, investors applying lower than the price will be not included in the auction bidding evaluation process,” says the bank.</p>
<p style="text-align: justify;">The bank will receive minimum of Rs 410 millions income from the trading. If the shares are sold out at the current market price, the bank will get Rs 750 million. At present, the share price of Nepal Insurance is Rs 750 in the secondary market. The volume of share that is being sold by Nepal bank is 40 percent of total paid-up capital of the insurance company.</p>
<p style="text-align: justify;">After the sales, the bank will still own 10 percent shares of Nepal Insurance. 21 days has been provided for the submission of applications for the auction bidding. The bank has clarifed that the share application of interested investors should reach Siddhartha Capital before 3 pm on May 17. Besides Nepal Insurance, the bank is also planning to sell shares of Rastriya Beema Sansthan, Citizen Investment Trust and Hotel Hyatt. </p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-04-28',
'modified' => '2016-04-28',
'keywords' => '',
'description' => '',
'sortorder' => '3264',
'image' => '20160428011535_nepal bank.JPG',
'article_date' => '2016-04-28 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '34',
'name' => 'Biznews',
'parentOf' => '208',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '3428',
'hit' => '4782'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/20160428011535_nepal bank.JPG'
$user = null
$groupId = null
include - APP/View/Articles/view.ctp, line 116
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '3428',
'article_category_id' => '34',
'title' => 'Nepal Bank to Sell Promoter Share of Nepal Insurance',
'sub_title' => '',
'summary' => 'April 28: Nepal Bank has planned of selling promoters’ shares of Nepal Insurance through auction bidding. The bank is selling 1,031,674 unit shares of Nepal Insurance at the minimum price of Rs 400. The bank has appointed Siddhartha Capital as Issue Manager. The bank has informed that interested investor can auction bid for minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company i.e. 431,410 unit shares. The existing shareholders of Nepal Insurance have to consider the limitation while auction bidding for the shares. The shareholders applying above Rs 1,000,000 needs to include their PAN number compulsorily, while, those shareholders applying up to Rs 1,000,000 can include their PAN number voluntarily. “The minimum pric',
'content' => '<p style="text-align: justify;">April 28: Nepal Bank is planning to sell promoter shares of Nepal Insurance through auction bidding. The bank is selling 1.031 unit of shares of the insurance at a minimum price of Rs 400. The bank has appointed Siddhartha Capital as the Issue Manager.</p>
<p style="text-align: justify;">The bank has set a limit of minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company or 431,410 units of shares for the interested investors. The existing shareholders of Nepal Insurance have to consider the limit while participating in the bidding process. The bank has include mandatory provision of including PAN number for shareholders applying above Rs 1 million. Meanwhile, shareholders applying up to Rs 1 million can include their PAN number willingly.</p>
<p style="text-align: justify;">“The minimum price per share tagged for auction bidding is Rs 400. Thus, investors applying lower than the price will be not included in the auction bidding evaluation process,” says the bank.</p>
<p style="text-align: justify;">The bank will receive minimum of Rs 410 millions income from the trading. If the shares are sold out at the current market price, the bank will get Rs 750 million. At present, the share price of Nepal Insurance is Rs 750 in the secondary market. The volume of share that is being sold by Nepal bank is 40 percent of total paid-up capital of the insurance company.</p>
<p style="text-align: justify;">After the sales, the bank will still own 10 percent shares of Nepal Insurance. 21 days has been provided for the submission of applications for the auction bidding. The bank has clarifed that the share application of interested investors should reach Siddhartha Capital before 3 pm on May 17. Besides Nepal Insurance, the bank is also planning to sell shares of Rastriya Beema Sansthan, Citizen Investment Trust and Hotel Hyatt. </p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-04-28',
'modified' => '2016-04-28',
'keywords' => '',
'description' => '',
'sortorder' => '3264',
'image' => '20160428011535_nepal bank.JPG',
'article_date' => '2016-04-28 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '34',
'name' => 'Biznews',
'parentOf' => '208',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '3428',
'article_category_id' => '34',
'title' => 'Nepal Bank to Sell Promoter Share of Nepal Insurance',
'sub_title' => '',
'summary' => 'April 28: Nepal Bank has planned of selling promoters’ shares of Nepal Insurance through auction bidding. The bank is selling 1,031,674 unit shares of Nepal Insurance at the minimum price of Rs 400. The bank has appointed Siddhartha Capital as Issue Manager. The bank has informed that interested investor can auction bid for minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company i.e. 431,410 unit shares. The existing shareholders of Nepal Insurance have to consider the limitation while auction bidding for the shares. The shareholders applying above Rs 1,000,000 needs to include their PAN number compulsorily, while, those shareholders applying up to Rs 1,000,000 can include their PAN number voluntarily. “The minimum pric',
'content' => '<p style="text-align: justify;">April 28: Nepal Bank is planning to sell promoter shares of Nepal Insurance through auction bidding. The bank is selling 1.031 unit of shares of the insurance at a minimum price of Rs 400. The bank has appointed Siddhartha Capital as the Issue Manager.</p>
<p style="text-align: justify;">The bank has set a limit of minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company or 431,410 units of shares for the interested investors. The existing shareholders of Nepal Insurance have to consider the limit while participating in the bidding process. The bank has include mandatory provision of including PAN number for shareholders applying above Rs 1 million. Meanwhile, shareholders applying up to Rs 1 million can include their PAN number willingly.</p>
<p style="text-align: justify;">“The minimum price per share tagged for auction bidding is Rs 400. Thus, investors applying lower than the price will be not included in the auction bidding evaluation process,” says the bank.</p>
<p style="text-align: justify;">The bank will receive minimum of Rs 410 millions income from the trading. If the shares are sold out at the current market price, the bank will get Rs 750 million. At present, the share price of Nepal Insurance is Rs 750 in the secondary market. The volume of share that is being sold by Nepal bank is 40 percent of total paid-up capital of the insurance company.</p>
<p style="text-align: justify;">After the sales, the bank will still own 10 percent shares of Nepal Insurance. 21 days has been provided for the submission of applications for the auction bidding. The bank has clarifed that the share application of interested investors should reach Siddhartha Capital before 3 pm on May 17. Besides Nepal Insurance, the bank is also planning to sell shares of Rastriya Beema Sansthan, Citizen Investment Trust and Hotel Hyatt. </p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-04-28',
'modified' => '2016-04-28',
'keywords' => '',
'description' => '',
'sortorder' => '3264',
'image' => '20160428011535_nepal bank.JPG',
'article_date' => '2016-04-28 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '34',
'name' => 'Biznews',
'parentOf' => '208',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '3428',
'hit' => '4782'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/20160428011535_nepal bank.JPG'
$user = null
$groupId = null
$user_id = null
$date = '2016-04-28 00:00:00'
$dateFromDatabase = (int) 1461780900
$newDate = 'Apr 28, 2016'
$articleView = array(
'article_id' => '3428',
'hit' => '4782'
)
$word_count = (int) 309
$time_to_read = (float) 1.55
$time_to_read_min = (float) 1
$time_to_read_second = (float) 33
include - APP/View/Articles/view.ctp, line 241
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
April 28: Nepal Bank is planning to sell promoter shares of Nepal Insurance through auction bidding. The bank is selling 1.031 unit of shares of the insurance at a minimum price of Rs 400. The bank has appointed Siddhartha Capital as the Issue Manager.
The bank has set a limit of minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company or 431,410 units of shares for the interested investors. The existing shareholders of Nepal Insurance have to consider the limit while participating in the bidding process. The bank has include mandatory provision of including PAN number for shareholders applying above Rs 1 million. Meanwhile, shareholders applying up to Rs 1 million can include their PAN number willingly.
“The minimum price per share tagged for auction bidding is Rs 400. Thus, investors applying lower than the price will be not included in the auction bidding evaluation process,” says the bank.
The bank will receive minimum of Rs 410 millions income from the trading. If the shares are sold out at the current market price, the bank will get Rs 750 million. At present, the share price of Nepal Insurance is Rs 750 in the secondary market. The volume of share that is being sold by Nepal bank is 40 percent of total paid-up capital of the insurance company.
After the sales, the bank will still own 10 percent shares of Nepal Insurance. 21 days has been provided for the submission of applications for the auction bidding. The bank has clarifed that the share application of interested investors should reach Siddhartha Capital before 3 pm on May 17. Besides Nepal Insurance, the bank is also planning to sell shares of Rastriya Beema Sansthan, Citizen Investment Trust and Hotel Hyatt.
FormHelper::create() - CORE/Cake/View/Helper/FormHelper.php, line 383
include - APP/View/Articles/view.ctp, line 273
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '3428',
'article_category_id' => '34',
'title' => 'Nepal Bank to Sell Promoter Share of Nepal Insurance',
'sub_title' => '',
'summary' => 'April 28: Nepal Bank has planned of selling promoters’ shares of Nepal Insurance through auction bidding. The bank is selling 1,031,674 unit shares of Nepal Insurance at the minimum price of Rs 400. The bank has appointed Siddhartha Capital as Issue Manager. The bank has informed that interested investor can auction bid for minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company i.e. 431,410 unit shares. The existing shareholders of Nepal Insurance have to consider the limitation while auction bidding for the shares. The shareholders applying above Rs 1,000,000 needs to include their PAN number compulsorily, while, those shareholders applying up to Rs 1,000,000 can include their PAN number voluntarily. “The minimum pric',
'content' => '<p style="text-align: justify;">April 28: Nepal Bank is planning to sell promoter shares of Nepal Insurance through auction bidding. The bank is selling 1.031 unit of shares of the insurance at a minimum price of Rs 400. The bank has appointed Siddhartha Capital as the Issue Manager.</p>
<p style="text-align: justify;">The bank has set a limit of minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company or 431,410 units of shares for the interested investors. The existing shareholders of Nepal Insurance have to consider the limit while participating in the bidding process. The bank has include mandatory provision of including PAN number for shareholders applying above Rs 1 million. Meanwhile, shareholders applying up to Rs 1 million can include their PAN number willingly.</p>
<p style="text-align: justify;">“The minimum price per share tagged for auction bidding is Rs 400. Thus, investors applying lower than the price will be not included in the auction bidding evaluation process,” says the bank.</p>
<p style="text-align: justify;">The bank will receive minimum of Rs 410 millions income from the trading. If the shares are sold out at the current market price, the bank will get Rs 750 million. At present, the share price of Nepal Insurance is Rs 750 in the secondary market. The volume of share that is being sold by Nepal bank is 40 percent of total paid-up capital of the insurance company.</p>
<p style="text-align: justify;">After the sales, the bank will still own 10 percent shares of Nepal Insurance. 21 days has been provided for the submission of applications for the auction bidding. The bank has clarifed that the share application of interested investors should reach Siddhartha Capital before 3 pm on May 17. Besides Nepal Insurance, the bank is also planning to sell shares of Rastriya Beema Sansthan, Citizen Investment Trust and Hotel Hyatt. </p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-04-28',
'modified' => '2016-04-28',
'keywords' => '',
'description' => '',
'sortorder' => '3264',
'image' => '20160428011535_nepal bank.JPG',
'article_date' => '2016-04-28 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '34',
'name' => 'Biznews',
'parentOf' => '208',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '3428',
'article_category_id' => '34',
'title' => 'Nepal Bank to Sell Promoter Share of Nepal Insurance',
'sub_title' => '',
'summary' => 'April 28: Nepal Bank has planned of selling promoters’ shares of Nepal Insurance through auction bidding. The bank is selling 1,031,674 unit shares of Nepal Insurance at the minimum price of Rs 400. The bank has appointed Siddhartha Capital as Issue Manager. The bank has informed that interested investor can auction bid for minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company i.e. 431,410 unit shares. The existing shareholders of Nepal Insurance have to consider the limitation while auction bidding for the shares. The shareholders applying above Rs 1,000,000 needs to include their PAN number compulsorily, while, those shareholders applying up to Rs 1,000,000 can include their PAN number voluntarily. “The minimum pric',
'content' => '<p style="text-align: justify;">April 28: Nepal Bank is planning to sell promoter shares of Nepal Insurance through auction bidding. The bank is selling 1.031 unit of shares of the insurance at a minimum price of Rs 400. The bank has appointed Siddhartha Capital as the Issue Manager.</p>
<p style="text-align: justify;">The bank has set a limit of minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company or 431,410 units of shares for the interested investors. The existing shareholders of Nepal Insurance have to consider the limit while participating in the bidding process. The bank has include mandatory provision of including PAN number for shareholders applying above Rs 1 million. Meanwhile, shareholders applying up to Rs 1 million can include their PAN number willingly.</p>
<p style="text-align: justify;">“The minimum price per share tagged for auction bidding is Rs 400. Thus, investors applying lower than the price will be not included in the auction bidding evaluation process,” says the bank.</p>
<p style="text-align: justify;">The bank will receive minimum of Rs 410 millions income from the trading. If the shares are sold out at the current market price, the bank will get Rs 750 million. At present, the share price of Nepal Insurance is Rs 750 in the secondary market. The volume of share that is being sold by Nepal bank is 40 percent of total paid-up capital of the insurance company.</p>
<p style="text-align: justify;">After the sales, the bank will still own 10 percent shares of Nepal Insurance. 21 days has been provided for the submission of applications for the auction bidding. The bank has clarifed that the share application of interested investors should reach Siddhartha Capital before 3 pm on May 17. Besides Nepal Insurance, the bank is also planning to sell shares of Rastriya Beema Sansthan, Citizen Investment Trust and Hotel Hyatt. </p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-04-28',
'modified' => '2016-04-28',
'keywords' => '',
'description' => '',
'sortorder' => '3264',
'image' => '20160428011535_nepal bank.JPG',
'article_date' => '2016-04-28 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '34',
'name' => 'Biznews',
'parentOf' => '208',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '3428',
'hit' => '4782'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '3428',
'article_category_id' => '34',
'title' => 'Nepal Bank to Sell Promoter Share of Nepal Insurance',
'sub_title' => '',
'summary' => 'April 28: Nepal Bank has planned of selling promoters’ shares of Nepal Insurance through auction bidding. The bank is selling 1,031,674 unit shares of Nepal Insurance at the minimum price of Rs 400. The bank has appointed Siddhartha Capital as Issue Manager. The bank has informed that interested investor can auction bid for minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company i.e. 431,410 unit shares. The existing shareholders of Nepal Insurance have to consider the limitation while auction bidding for the shares. The shareholders applying above Rs 1,000,000 needs to include their PAN number compulsorily, while, those shareholders applying up to Rs 1,000,000 can include their PAN number voluntarily. “The minimum pric',
'content' => '<p style="text-align: justify;">April 28: Nepal Bank is planning to sell promoter shares of Nepal Insurance through auction bidding. The bank is selling 1.031 unit of shares of the insurance at a minimum price of Rs 400. The bank has appointed Siddhartha Capital as the Issue Manager.</p>
<p style="text-align: justify;">The bank has set a limit of minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company or 431,410 units of shares for the interested investors. The existing shareholders of Nepal Insurance have to consider the limit while participating in the bidding process. The bank has include mandatory provision of including PAN number for shareholders applying above Rs 1 million. Meanwhile, shareholders applying up to Rs 1 million can include their PAN number willingly.</p>
<p style="text-align: justify;">“The minimum price per share tagged for auction bidding is Rs 400. Thus, investors applying lower than the price will be not included in the auction bidding evaluation process,” says the bank.</p>
<p style="text-align: justify;">The bank will receive minimum of Rs 410 millions income from the trading. If the shares are sold out at the current market price, the bank will get Rs 750 million. At present, the share price of Nepal Insurance is Rs 750 in the secondary market. The volume of share that is being sold by Nepal bank is 40 percent of total paid-up capital of the insurance company.</p>
<p style="text-align: justify;">After the sales, the bank will still own 10 percent shares of Nepal Insurance. 21 days has been provided for the submission of applications for the auction bidding. The bank has clarifed that the share application of interested investors should reach Siddhartha Capital before 3 pm on May 17. Besides Nepal Insurance, the bank is also planning to sell shares of Rastriya Beema Sansthan, Citizen Investment Trust and Hotel Hyatt. </p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-04-28',
'modified' => '2016-04-28',
'keywords' => '',
'description' => '',
'sortorder' => '3264',
'image' => '20160428011535_nepal bank.JPG',
'article_date' => '2016-04-28 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '34',
'name' => 'Biznews',
'parentOf' => '208',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '3428',
'article_category_id' => '34',
'title' => 'Nepal Bank to Sell Promoter Share of Nepal Insurance',
'sub_title' => '',
'summary' => 'April 28: Nepal Bank has planned of selling promoters’ shares of Nepal Insurance through auction bidding. The bank is selling 1,031,674 unit shares of Nepal Insurance at the minimum price of Rs 400. The bank has appointed Siddhartha Capital as Issue Manager. The bank has informed that interested investor can auction bid for minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company i.e. 431,410 unit shares. The existing shareholders of Nepal Insurance have to consider the limitation while auction bidding for the shares. The shareholders applying above Rs 1,000,000 needs to include their PAN number compulsorily, while, those shareholders applying up to Rs 1,000,000 can include their PAN number voluntarily. “The minimum pric',
'content' => '<p style="text-align: justify;">April 28: Nepal Bank is planning to sell promoter shares of Nepal Insurance through auction bidding. The bank is selling 1.031 unit of shares of the insurance at a minimum price of Rs 400. The bank has appointed Siddhartha Capital as the Issue Manager.</p>
<p style="text-align: justify;">The bank has set a limit of minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company or 431,410 units of shares for the interested investors. The existing shareholders of Nepal Insurance have to consider the limit while participating in the bidding process. The bank has include mandatory provision of including PAN number for shareholders applying above Rs 1 million. Meanwhile, shareholders applying up to Rs 1 million can include their PAN number willingly.</p>
<p style="text-align: justify;">“The minimum price per share tagged for auction bidding is Rs 400. Thus, investors applying lower than the price will be not included in the auction bidding evaluation process,” says the bank.</p>
<p style="text-align: justify;">The bank will receive minimum of Rs 410 millions income from the trading. If the shares are sold out at the current market price, the bank will get Rs 750 million. At present, the share price of Nepal Insurance is Rs 750 in the secondary market. The volume of share that is being sold by Nepal bank is 40 percent of total paid-up capital of the insurance company.</p>
<p style="text-align: justify;">After the sales, the bank will still own 10 percent shares of Nepal Insurance. 21 days has been provided for the submission of applications for the auction bidding. The bank has clarifed that the share application of interested investors should reach Siddhartha Capital before 3 pm on May 17. Besides Nepal Insurance, the bank is also planning to sell shares of Rastriya Beema Sansthan, Citizen Investment Trust and Hotel Hyatt. </p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-04-28',
'modified' => '2016-04-28',
'keywords' => '',
'description' => '',
'sortorder' => '3264',
'image' => '20160428011535_nepal bank.JPG',
'article_date' => '2016-04-28 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '34',
'name' => 'Biznews',
'parentOf' => '208',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '3428',
'hit' => '4782'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
file not found!
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '3428',
'article_category_id' => '34',
'title' => 'Nepal Bank to Sell Promoter Share of Nepal Insurance',
'sub_title' => '',
'summary' => 'April 28: Nepal Bank has planned of selling promoters’ shares of Nepal Insurance through auction bidding. The bank is selling 1,031,674 unit shares of Nepal Insurance at the minimum price of Rs 400. The bank has appointed Siddhartha Capital as Issue Manager. The bank has informed that interested investor can auction bid for minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company i.e. 431,410 unit shares. The existing shareholders of Nepal Insurance have to consider the limitation while auction bidding for the shares. The shareholders applying above Rs 1,000,000 needs to include their PAN number compulsorily, while, those shareholders applying up to Rs 1,000,000 can include their PAN number voluntarily. “The minimum pric',
'content' => '<p style="text-align: justify;">April 28: Nepal Bank is planning to sell promoter shares of Nepal Insurance through auction bidding. The bank is selling 1.031 unit of shares of the insurance at a minimum price of Rs 400. The bank has appointed Siddhartha Capital as the Issue Manager.</p>
<p style="text-align: justify;">The bank has set a limit of minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company or 431,410 units of shares for the interested investors. The existing shareholders of Nepal Insurance have to consider the limit while participating in the bidding process. The bank has include mandatory provision of including PAN number for shareholders applying above Rs 1 million. Meanwhile, shareholders applying up to Rs 1 million can include their PAN number willingly.</p>
<p style="text-align: justify;">“The minimum price per share tagged for auction bidding is Rs 400. Thus, investors applying lower than the price will be not included in the auction bidding evaluation process,” says the bank.</p>
<p style="text-align: justify;">The bank will receive minimum of Rs 410 millions income from the trading. If the shares are sold out at the current market price, the bank will get Rs 750 million. At present, the share price of Nepal Insurance is Rs 750 in the secondary market. The volume of share that is being sold by Nepal bank is 40 percent of total paid-up capital of the insurance company.</p>
<p style="text-align: justify;">After the sales, the bank will still own 10 percent shares of Nepal Insurance. 21 days has been provided for the submission of applications for the auction bidding. The bank has clarifed that the share application of interested investors should reach Siddhartha Capital before 3 pm on May 17. Besides Nepal Insurance, the bank is also planning to sell shares of Rastriya Beema Sansthan, Citizen Investment Trust and Hotel Hyatt. </p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-04-28',
'modified' => '2016-04-28',
'keywords' => '',
'description' => '',
'sortorder' => '3264',
'image' => '20160428011535_nepal bank.JPG',
'article_date' => '2016-04-28 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '34',
'name' => 'Biznews',
'parentOf' => '208',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '3428',
'article_category_id' => '34',
'title' => 'Nepal Bank to Sell Promoter Share of Nepal Insurance',
'sub_title' => '',
'summary' => 'April 28: Nepal Bank has planned of selling promoters’ shares of Nepal Insurance through auction bidding. The bank is selling 1,031,674 unit shares of Nepal Insurance at the minimum price of Rs 400. The bank has appointed Siddhartha Capital as Issue Manager. The bank has informed that interested investor can auction bid for minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company i.e. 431,410 unit shares. The existing shareholders of Nepal Insurance have to consider the limitation while auction bidding for the shares. The shareholders applying above Rs 1,000,000 needs to include their PAN number compulsorily, while, those shareholders applying up to Rs 1,000,000 can include their PAN number voluntarily. “The minimum pric',
'content' => '<p style="text-align: justify;">April 28: Nepal Bank is planning to sell promoter shares of Nepal Insurance through auction bidding. The bank is selling 1.031 unit of shares of the insurance at a minimum price of Rs 400. The bank has appointed Siddhartha Capital as the Issue Manager.</p>
<p style="text-align: justify;">The bank has set a limit of minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company or 431,410 units of shares for the interested investors. The existing shareholders of Nepal Insurance have to consider the limit while participating in the bidding process. The bank has include mandatory provision of including PAN number for shareholders applying above Rs 1 million. Meanwhile, shareholders applying up to Rs 1 million can include their PAN number willingly.</p>
<p style="text-align: justify;">“The minimum price per share tagged for auction bidding is Rs 400. Thus, investors applying lower than the price will be not included in the auction bidding evaluation process,” says the bank.</p>
<p style="text-align: justify;">The bank will receive minimum of Rs 410 millions income from the trading. If the shares are sold out at the current market price, the bank will get Rs 750 million. At present, the share price of Nepal Insurance is Rs 750 in the secondary market. The volume of share that is being sold by Nepal bank is 40 percent of total paid-up capital of the insurance company.</p>
<p style="text-align: justify;">After the sales, the bank will still own 10 percent shares of Nepal Insurance. 21 days has been provided for the submission of applications for the auction bidding. The bank has clarifed that the share application of interested investors should reach Siddhartha Capital before 3 pm on May 17. Besides Nepal Insurance, the bank is also planning to sell shares of Rastriya Beema Sansthan, Citizen Investment Trust and Hotel Hyatt. </p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-04-28',
'modified' => '2016-04-28',
'keywords' => '',
'description' => '',
'sortorder' => '3264',
'image' => '20160428011535_nepal bank.JPG',
'article_date' => '2016-04-28 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '34',
'name' => 'Biznews',
'parentOf' => '208',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '3428',
'hit' => '4782'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '3428',
'article_category_id' => '34',
'title' => 'Nepal Bank to Sell Promoter Share of Nepal Insurance',
'sub_title' => '',
'summary' => 'April 28: Nepal Bank has planned of selling promoters’ shares of Nepal Insurance through auction bidding. The bank is selling 1,031,674 unit shares of Nepal Insurance at the minimum price of Rs 400. The bank has appointed Siddhartha Capital as Issue Manager. The bank has informed that interested investor can auction bid for minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company i.e. 431,410 unit shares. The existing shareholders of Nepal Insurance have to consider the limitation while auction bidding for the shares. The shareholders applying above Rs 1,000,000 needs to include their PAN number compulsorily, while, those shareholders applying up to Rs 1,000,000 can include their PAN number voluntarily. “The minimum pric',
'content' => '<p style="text-align: justify;">April 28: Nepal Bank is planning to sell promoter shares of Nepal Insurance through auction bidding. The bank is selling 1.031 unit of shares of the insurance at a minimum price of Rs 400. The bank has appointed Siddhartha Capital as the Issue Manager.</p>
<p style="text-align: justify;">The bank has set a limit of minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company or 431,410 units of shares for the interested investors. The existing shareholders of Nepal Insurance have to consider the limit while participating in the bidding process. The bank has include mandatory provision of including PAN number for shareholders applying above Rs 1 million. Meanwhile, shareholders applying up to Rs 1 million can include their PAN number willingly.</p>
<p style="text-align: justify;">“The minimum price per share tagged for auction bidding is Rs 400. Thus, investors applying lower than the price will be not included in the auction bidding evaluation process,” says the bank.</p>
<p style="text-align: justify;">The bank will receive minimum of Rs 410 millions income from the trading. If the shares are sold out at the current market price, the bank will get Rs 750 million. At present, the share price of Nepal Insurance is Rs 750 in the secondary market. The volume of share that is being sold by Nepal bank is 40 percent of total paid-up capital of the insurance company.</p>
<p style="text-align: justify;">After the sales, the bank will still own 10 percent shares of Nepal Insurance. 21 days has been provided for the submission of applications for the auction bidding. The bank has clarifed that the share application of interested investors should reach Siddhartha Capital before 3 pm on May 17. Besides Nepal Insurance, the bank is also planning to sell shares of Rastriya Beema Sansthan, Citizen Investment Trust and Hotel Hyatt. </p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-04-28',
'modified' => '2016-04-28',
'keywords' => '',
'description' => '',
'sortorder' => '3264',
'image' => '20160428011535_nepal bank.JPG',
'article_date' => '2016-04-28 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '34',
'name' => 'Biznews',
'parentOf' => '208',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '3428',
'article_category_id' => '34',
'title' => 'Nepal Bank to Sell Promoter Share of Nepal Insurance',
'sub_title' => '',
'summary' => 'April 28: Nepal Bank has planned of selling promoters’ shares of Nepal Insurance through auction bidding. The bank is selling 1,031,674 unit shares of Nepal Insurance at the minimum price of Rs 400. The bank has appointed Siddhartha Capital as Issue Manager. The bank has informed that interested investor can auction bid for minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company i.e. 431,410 unit shares. The existing shareholders of Nepal Insurance have to consider the limitation while auction bidding for the shares. The shareholders applying above Rs 1,000,000 needs to include their PAN number compulsorily, while, those shareholders applying up to Rs 1,000,000 can include their PAN number voluntarily. “The minimum pric',
'content' => '<p style="text-align: justify;">April 28: Nepal Bank is planning to sell promoter shares of Nepal Insurance through auction bidding. The bank is selling 1.031 unit of shares of the insurance at a minimum price of Rs 400. The bank has appointed Siddhartha Capital as the Issue Manager.</p>
<p style="text-align: justify;">The bank has set a limit of minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company or 431,410 units of shares for the interested investors. The existing shareholders of Nepal Insurance have to consider the limit while participating in the bidding process. The bank has include mandatory provision of including PAN number for shareholders applying above Rs 1 million. Meanwhile, shareholders applying up to Rs 1 million can include their PAN number willingly.</p>
<p style="text-align: justify;">“The minimum price per share tagged for auction bidding is Rs 400. Thus, investors applying lower than the price will be not included in the auction bidding evaluation process,” says the bank.</p>
<p style="text-align: justify;">The bank will receive minimum of Rs 410 millions income from the trading. If the shares are sold out at the current market price, the bank will get Rs 750 million. At present, the share price of Nepal Insurance is Rs 750 in the secondary market. The volume of share that is being sold by Nepal bank is 40 percent of total paid-up capital of the insurance company.</p>
<p style="text-align: justify;">After the sales, the bank will still own 10 percent shares of Nepal Insurance. 21 days has been provided for the submission of applications for the auction bidding. The bank has clarifed that the share application of interested investors should reach Siddhartha Capital before 3 pm on May 17. Besides Nepal Insurance, the bank is also planning to sell shares of Rastriya Beema Sansthan, Citizen Investment Trust and Hotel Hyatt. </p>
<p style="text-align: justify;"> </p>
',
'published' => true,
'created' => '2016-04-28',
'modified' => '2016-04-28',
'keywords' => '',
'description' => '',
'sortorder' => '3264',
'image' => '20160428011535_nepal bank.JPG',
'article_date' => '2016-04-28 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '34',
'name' => 'Biznews',
'parentOf' => '208',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '3428',
'hit' => '4782'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
