MSLB Launches FPO Starting Today, Poush 5, 2081

MSLB Launches FPO Starting Today, Poush 5, 2081
MSLB Launches FPO Starting Today, Poush 5, 2081

Mahuli Laghubitta Bittiya Sanstha Limited (MSLB) is a microfinance institution in Nepal. The company is issuing a Follow-on Public Offering (FPO) of shares to the general public starting today, Poush 5, 2081 (which corresponds to December 20, 2024, in the Gregorian calendar). This move is part of their efforts to raise additional capital by offering shares to existing and new investors.

What is an FPO?

A Follow-on Public Offering (FPO) is a process in which a company issues additional shares to the public after its initial public offering (IPO). Unlike an IPO, which is the first time a company offers shares to the public, an FPO helps the company raise more capital from existing shareholders or new investors. The FPO shares are typically listed and traded on the stock exchange, allowing for more liquidity in the market.

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