|
|
NEPSE to review financial position of many companies By A Staff Reporter Kathmandu, Oct 13: In a bid to correct aberrations prevailing in the field of stock market, Nepal Stock Market (NEPSE) is gearing up the process of reviewing the financial positions of different companies listed in the stock market for transactions. Out of 115 companies registered for transaction in the NEPSE, only 55-60 companies are fulfilling the requirements, according to a NEPSE source. If they fail to submit the financial picture on time or do not fulfill the requirements, the NEPSE, according to the existing Stock Exchange Act can de-list those companies from its list. As per the Act a company should be registered in the NEPSE for the transaction of shares in its trading floor. Owing to lack of monitoring system, many companies registered in the NEPSE have not paid their fees which they are entitled to pay as per their capitalization ratio and annual turn over. It is learnt that many companies are reluctant to pay their fees to NEPSE owing to their poor performance. Other Stories |
|Headline| |Features| |Local| |Letter| |Past|
| Send your comments and letters to the
editor at gtrn@mos.com.np 2001 © Mercantile Communications Pvt. Ltd. P.O. Box 876, Durbar Marg, Kathmandu, NEPAL. Tel : 977 1 220 773, 243566, Fax: 977 1 225 407. Reproduction in any form is prohibited without prior permission. No part of the articles which appear in the internet version on THE RISING NEPAL may be reproduced without the permission of Mercantile Communications Pvt. Ltd. For reprinting rights, please write to US. Send us your feedback: CONTACT US ABOUT US HOME ADVERTISE WITH US |
