NIC Asia Capital Limited has published an offer letter to issue the “NIC ASIA Flexi CAP Fund.” The issue will open on 19th Jestha and close on 24th Jestha, 2079. If not subscribed fully by the early closing date, the issue can be extended till Ashadh 02.
10 crore units will be issued at a par value of Rs. 10 per unit. 15% of the total units i.e. 1.50 crore units worth Rs. 15 crores have been allocated to the fund promoter NIC Asia Bank Limited and the remaining 8.50 crores units will be allocated to the general public.
“NIC ASIA Flexi CAP Fund” is a closed-end fund, meaning it can be traded in NEPSE. The fund has a maturity period of 10 years. Applicants can apply for a minimum of 100 units to a maximum of 1…
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