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May 2: Distribution of share certificate of Hydroelectricity Investment and Development Company will commence from last week of May. The share certificates distribution program was postponed from mid-April to May end due to technical problems, according to issue manager Citizen Investment Trust (CIT). CIT informs that printing and authentication of share certificates has already been finished.
The company is distributing physical share certificates instead of D-matted shares after seven months since issuance. Similarly, the company has made an agreement of RTS with Global IME Capital for D-mating and listing of shares. The company had issued general shares worth of Rs 2 billion on January.
The existing Rs 8 billion paid-up capital of the company will boosted to Rs 10 billion after the distribution. Established on 11 July 2011, the company has authorised capital of Rs 50 billion and issue capital of Rs 10 billion. The company is a joint venture of Government of Nepal, Employee Provident Fund, Rastriya Beema Sansthan and Citizen Investment Trust. The company has invested in eight various hydro electricity projects comprising 271MWs capacities.
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'content' => '<p style="text-align: justify;">May 2: Distribution of share certificate of Hydroelectricity Investment and Development Company will commence from last week of May. The share certificates distribution program was postponed from mid-April to May end due to technical problems, according to issue manager Citizen Investment Trust (CIT). CIT informs that printing and authentication of share certificates has already been finished.</p>
<p style="text-align: justify;">The company is distributing physical share certificates instead of D-matted shares after seven months since issuance. Similarly, the company has made an agreement of RTS with Global IME Capital for D-mating and listing of shares. The company had issued general shares worth of Rs 2 billion on January.</p>
<p style="text-align: justify;">The existing Rs 8 billion paid-up capital of the company will boosted to Rs 10 billion after the distribution. Established on 11 July 2011, the company has authorised capital of Rs 50 billion and issue capital of Rs 10 billion. The company is a joint venture of Government of Nepal, Employee Provident Fund, Rastriya Beema Sansthan and Citizen Investment Trust. The company has invested in eight various hydro electricity projects comprising 271MWs capacities. </p>
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'summary' => 'May 2: Distribution of share certificate of Hydroelectricity Investment and Development Company will commence from last week of May. The share certificates distribution program was postponed from mid-April to May end due to technical problems, according to issue manager Citizen Investment Trust (CIT). CIT informs that printing and authentication of share certificates has already been finished.',
'content' => '<p style="text-align: justify;">May 2: Distribution of share certificate of Hydroelectricity Investment and Development Company will commence from last week of May. The share certificates distribution program was postponed from mid-April to May end due to technical problems, according to issue manager Citizen Investment Trust (CIT). CIT informs that printing and authentication of share certificates has already been finished.</p>
<p style="text-align: justify;">The company is distributing physical share certificates instead of D-matted shares after seven months since issuance. Similarly, the company has made an agreement of RTS with Global IME Capital for D-mating and listing of shares. The company had issued general shares worth of Rs 2 billion on January.</p>
<p style="text-align: justify;">The existing Rs 8 billion paid-up capital of the company will boosted to Rs 10 billion after the distribution. Established on 11 July 2011, the company has authorised capital of Rs 50 billion and issue capital of Rs 10 billion. The company is a joint venture of Government of Nepal, Employee Provident Fund, Rastriya Beema Sansthan and Citizen Investment Trust. The company has invested in eight various hydro electricity projects comprising 271MWs capacities. </p>
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'content' => '<p style="text-align: justify;">May 2: Distribution of share certificate of Hydroelectricity Investment and Development Company will commence from last week of May. The share certificates distribution program was postponed from mid-April to May end due to technical problems, according to issue manager Citizen Investment Trust (CIT). CIT informs that printing and authentication of share certificates has already been finished.</p>
<p style="text-align: justify;">The company is distributing physical share certificates instead of D-matted shares after seven months since issuance. Similarly, the company has made an agreement of RTS with Global IME Capital for D-mating and listing of shares. The company had issued general shares worth of Rs 2 billion on January.</p>
<p style="text-align: justify;">The existing Rs 8 billion paid-up capital of the company will boosted to Rs 10 billion after the distribution. Established on 11 July 2011, the company has authorised capital of Rs 50 billion and issue capital of Rs 10 billion. The company is a joint venture of Government of Nepal, Employee Provident Fund, Rastriya Beema Sansthan and Citizen Investment Trust. The company has invested in eight various hydro electricity projects comprising 271MWs capacities. </p>
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