CFL plans rights share

KATHMANDU: Nepal Stock Exchange has approved the issuance of Central Finance Ltd (financial organisation) 120,000 units rights share worth Rs 100 per unit. NIDC Capital Market has been appointed a issue-manager, states a press release. — HNS

Nepali boy bags award

KATHMANDU: Ahijjay Jain, a Nepali, has been awarded with three prestigious awards; the Institute Medal for the best overall performance across all four papers, the LexisNexis Butterworths Prize for the highest total marks and distinction by the Chartered Institute of Taxation. Jain got all the three awards for his performance in the Chartered Tax Adviser Examination held in November 2005. -HNS