Business Briefs
Global, Yeti tie-up
KATHMANDU: Global Bank Ltd and Yeti Airlines Domestic Pvt Ltd have started e-Ticketing service from Wednesday. Customers of Global Bank can buy tickets of Yeti Airlines online. The member of Yeti Airlines Sky Club get this service free after opening account, 50 per cent off on debit card charge and free online banking service in Global Bank.
Himstar products
KATHMANDU: Him Electric Pvt Ltd is doing marketing in Nepal since some time. Due to its quality products that save 80 percent electricity, it has become popular among consumers. Himstar CFL has come up with a new scheme. Under this, consumers can get two Himstar max power batteries after buying 5-11 Himstar CFL bulbs and two double A Himstar max power battery after buying 18 Himstar CFL bulbs.
Bank’s new branch
KATHMANDU: Triveni Bikas Bank chairman Dr Durga Datt Dhakal inaugurated the bank’s seventh branch office in Butwal. The company has total paid-up capital Rs 50 million. After issuing 1:1 rights shares its paid-up capital will reach Rs 100 million. It will propose 30 per cent bonus shares in its sixth annual general assembly after reaching total paid-up capital Rs110.5 million.
IPO closes
KATHMANDU: Manakamana Developmant Bank Ltd has said that applications for the initial primary issue of its three million-unit shares — that opened from Falgun 13 to Falgun 18 — have closed after oversubscription. It said it received more applications than what it had asked for.
