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NIMB Ace Capital appointed Securities Issuance and Sales Manager for Yeti Brewery

B360
B360 January 23, 2024, 5:08 pm
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KATHMANDU:  NIMB Ace Capital has been appointed as the Securities Issuance and Sales Manager for the forthcoming issuance of ordinary shares through the book building of Yeti Brewery

Sanjeev Sarraf, Managing Director of Yeti Brewery, and Sachindra Dhungana, General Manager of NIMB Ace Capital, have formalised this partnership by signing an agreement.

Yeti Brewery's registered office is situated at Atal Complex, Uttar Dhoka, Lazimpat, Kathmandu, and the brewery factory is located in Khairhani Municipality-4, Chitwan district. The company manufactures and markets renowned beer brands such as Arna BCLB, Yeti BCB, YB BC, Shikhar BCB, Kingfisher BCB, and others.

Under the terms of the agreement, NIMB Ace Capital will oversee all aspects related to the public issuance and management of Yeti Brewery's ordinary shares through the book-building method. This collaboration signifies a commitment to a seamless and successful securities issuance process.

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