Bhutanese investors will get another opportunity to enter the country’s capital market. The Royal Securities Exchange of Bhutan (RSEB) is again offering more than 15 million RICBL shares held in the name of Sungchob Fund and Kidu Fund starting tomorrow. The sale will close on 2nd September.
Like in the first round of the sale conducted in June to July this year which raised more than Nu 2bn, eligible investors can place their orders through a broker, community centres, financial institutions, Bhutan Post or can access through the RSEB’s online portal.
The floor price for the shares is Nu 72.50 per share. The proceeds from the sale of shares will go to the National Resilience Fund for continuing income and interest payment support under the Druk Gyalpo’s Relief Kidu.
Yeshi Dorji
