24th July, Tuesday. Vol-2.

Issue-167 MORNING QUOTE:

Build into each budget the cost of hiring and don't lump yourself with capital investment. - Ann Macbeth Top Headlines: New Nepse listing bylaws on anvil. The Nepse board has already approved the amendment which now awaits a final approval from the Securities Board of Nepal. (Source: The Kathmandu Post) Pokhara airport project hits snag over price tag. Do not obstruct the project: Pokhara entrepreneurs. (Source: The Kathmandu Post) BIPPA against national sovereignty, need revision: Foreign Minister, Narayan Kaji Shrestha. (Source: Republica) Financial Institutions allowed o maintain interest fetching account for a year. (Source: Republica) NRB is still indecisive on Gurkha Bikas Bank Ltd. case. (Source: Karobar Daily) Lalitpur banda called off from today. (Source: The Kathmandu Post) Army corruption to come under CIAA ambit. Govt to amend Judicial council Act to tackle corruption by SC judges. (Source: Republica) Nepal- Bangladesh Trade Talks: Duty- free access to Nepali products to top agenda. (Source: The Kathmandu Post) Nepal Telecom profit growth lowest in five years. The NT showed a profit growth rate of 5.03% this year, down from 12.48% in fiscal 2010/11. (Source: The Kathmandu Post) Egmount Group rejects Nepals membership bid. Anti-Money Laundering: Nepal in comfort zone for next Financial Action Task Force (FATF) evaluation. (Source: The Kathmandu Post) Government plans to act tough on INGOs. (Source: The Kathmandu Post) Security talks: China seeks aid proposal. (Source: The Kathmandu Post) Parties in variance over type of polls. They are, however, almost one on holding elections once a unity govt is in place. (Source: The Kathmandu Post) Casino shareholder of Hotel Annapurna held for attempted murder of another shareholder. (Source: The Kathmandu Post) School children injured as Baidya aligned unionists attack, burn Delhi Public School busses in Sunsari district. (Source: Republica) Choudhary Group (CG), Joint venture (JV) partner acquire controlling stake in Himal Hydro. (Source: Republica) Sluggish industries seek raft of incentives. (Source: Republica) Govt in bid to fight cancer of corruption. (Source: The Himalayan Times) Cement industries are in target of donations and other forceful demand. (Source: Karobar Daily)

MARKET INFORMATION
As of 8th Shrawan, 2069 Index NEPSE Sensitive Float Sen. Float NEPSE Sub-Indices Banking Hotels Dev. Bank Hydropower Finance Insurance Others Current Points Change %Change

408.35 105.6 31.78 28.81

3.62 1.13 0.288 0.296

Current Points Change

0.9 % 1.08 % 0.92 % 1.04 %

%Change

381.38 489.42 253.01 704.84 263.63 512.93 618

6.05 0 1.57 -5.15 0.04 0.62 1.18

1.61 % 0% 0.63 % -0.72 % 0.02 % 0.12 % 0.19 %

Market Summary
Total Turnover Rs: Total Traded Shares Total Transactions Total Scrips Traded

91,385,489 305,446 1652 71

Total Market Capitalization Rs: 385,859.77 Millions

Floated Market Capitalization Rs:

74,091.88 Millions

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International Business: Anil Ambani under pressure after IPO flop of Reliance Communications. (Source: The Kathmandu Post) Asian tycoons battle over failed TV revenue. (Source: The Kathmandu Post) Australia warned mining boom could end. (Source: The Kathmandu Post) General News: Nepse increases, more than Rs 90 million transactions seen on yesterdys trading with positive momentum. (Source: Karobar Daily) Shareholders of Century Commercial Bank have unanimously elected Bisan Shakya, Uma Kumari Shrestha, Laxman Kumar Shrestha and Rabi KC as board members of the category A financial institution. (Source: Republica) Chaiman of Royal Merchant Banking and Finance, Rara Development Bank and Api Finance signed a memorandum of understanding (MoU) to start a process of merger between three financial institutions. (Source: The Himalayan Times) NIC Bank has opened its 36th branch in Siraha. (Source: The Himalayan Times) Neoteric Nepal opens outlet of a wide range of computers and related accessories at Lazimpat. (Source: The Kathmandu Post) 75 proposals in total of Hydropower, tourism, agricultural and other sectors attracted in Investment Year 2011/12. (Source: Arthik Abhiyan) Foreign investment has increased by 3 times in infrastructural projects. (Source: Arthik Abhiyan) Right Share: Navadurga Finance Company Limited is going to close its (5:1) ratio, 2,53,264.2 units Right Share to its shareholders from today. (Source: Nagarik Daily) Financial Highlights: Nepal Bank Limited has earned Rs 60 million profit before tax and bonus during the fiscal year 2011/12. (Source: The Himalayan Times) Everest Finance Limited has earned Rs 13.7 million profit during fiscal year 2011/12. (Source: Arthik Abhiyan) Bhargav Bikas Bank Limited has earned Rs 10 million operating profit during fiscal year 2011/12. (Source: Arthik Abhiyan) Unique Finance Limited has posted net profit of Rs 22.15 million and published its 4th quarter company analysis of the fiscal year 2068/69. (Source: Karobar Daily) Bhrikutee Development Bank Limited has earned Rs 95.3 million operating profit during fiscal year 2068/69. (Source: Karobar Daily)

Source: www.negosida.com.np As of 8th Shrawan, 2069

Current and Upcoming Right Share:

Company
Nava Durga Finance Co Ltd Bageshwari Development Bank Limited Kankai Bikas Bank Limited Nepal Express Finance Limited

Open Date
31st Jestha. 2069 8th Ashad, 2069 8th Ashad, 2069 17th Shrawa n, 2069

Close Date
9th Shrawan, 2069 11th Shrawan, 2069 11th Shrawan, 2069 19th Bhadra, 2069

Ratio
5:1

Issue Manager
Growmore Merchant Banker Ltd NMB Capital Limited Growmore Merchant Banker Ltd NCM Merchant Banking Limited

1:2.5

1:1.5

1:0.11

LOAN STOCK:
Common or preferred stock shares that are used as collateral to secure a loan from another party. The loan will earn a fixed interest rate, much like a standard loan, and can be secured or unsecured. A secured loan stock may also be called a convertible loan stock if the loan stock can be directly converted to common shares under specified conditions and with a pre-determined conversion rate, as with an irredeemable convertible unsecured loan stock.

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