$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '4096',
'magazine_issue_id' => '1275',
'magazine_category_id' => '8',
'title' => 'SEBON Tightens the Noose on IPO Issuance of Hydropower Companies',
'image' => '20231015033251_SEBON Tightens the Noose.jpg',
'short_content' => '',
'content' => '<p>The Securities Board of Nepal (SEBON) is preparing to implement new regulations regarding the share issuance and trading of hydropower companies. After a discussion between SEBON and the officials of Independent Power Producers Association, Nepal (IPPAN), a new arrangement has been decided regarding the securities of hydropower sector companies, SEBON sources informed New Business Age.</p>
<p>According to the information provided by SEBON spokesperson Mukti Shrestha, a new system is going to be implemented regarding the transactions after the lock-in period of the initial public offering (IPO), rights shares and promoter shares of the hydropower company. According to him, the new system will not apply to companies that are currently in the process of IPO and rights share issuance.</p>
<p>Shrestha said that SEBON is going to add some new provisions to make the securities transactions of hydropower companies transparent due to complaints from the general investors regarding the trading of the promoter shares of the listed hydropower company.</p>
<p>After the lock-in period, the hydropower companies can issue promoter shares only after starting commercial production of electricity, as per the new regulations. SEBON said that the hydropower companies must mandatorily publish the information related to the opening of the lock-in period of promoter as well as general shareholders in a national daily newspaper and the company’s website and also provided the information to the SEBON and the stock market.</p>
<p>The company can start the share trading only after 15 business days after publishing the notice. Recently, the number of companies issuing rights shares has increased as the Electricity Regulatory Commission, the regulator of hydropower companies, has allowed the issuance of rights shares to pay the loans taken by hydropower companies for the construction of the projects. Most of them are preparing to issue rights shares for loan repayment purposes. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2023-10-15 15:32:51',
'modified' => '2023-10-15 15:32:51',
'keywords' => '',
'description' => '',
'sortorder' => '4007',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1275',
'image' => '20231015111137_PageCober.jpg',
'sortorder' => '1802',
'published' => true,
'created' => '2023-10-15 11:11:37',
'modified' => '2023-10-15 11:11:37',
'title' => 'October 2023 ',
'publish_date' => '2023-10-15',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
[maximum depth reached]
)
)
),
'current_user' => null,
'logged_in' => false
)
$magazineArticle = array(
'MagazineArticle' => array(
'id' => '4096',
'magazine_issue_id' => '1275',
'magazine_category_id' => '8',
'title' => 'SEBON Tightens the Noose on IPO Issuance of Hydropower Companies',
'image' => '20231015033251_SEBON Tightens the Noose.jpg',
'short_content' => '',
'content' => '<p>The Securities Board of Nepal (SEBON) is preparing to implement new regulations regarding the share issuance and trading of hydropower companies. After a discussion between SEBON and the officials of Independent Power Producers Association, Nepal (IPPAN), a new arrangement has been decided regarding the securities of hydropower sector companies, SEBON sources informed New Business Age.</p>
<p>According to the information provided by SEBON spokesperson Mukti Shrestha, a new system is going to be implemented regarding the transactions after the lock-in period of the initial public offering (IPO), rights shares and promoter shares of the hydropower company. According to him, the new system will not apply to companies that are currently in the process of IPO and rights share issuance.</p>
<p>Shrestha said that SEBON is going to add some new provisions to make the securities transactions of hydropower companies transparent due to complaints from the general investors regarding the trading of the promoter shares of the listed hydropower company.</p>
<p>After the lock-in period, the hydropower companies can issue promoter shares only after starting commercial production of electricity, as per the new regulations. SEBON said that the hydropower companies must mandatorily publish the information related to the opening of the lock-in period of promoter as well as general shareholders in a national daily newspaper and the company’s website and also provided the information to the SEBON and the stock market.</p>
<p>The company can start the share trading only after 15 business days after publishing the notice. Recently, the number of companies issuing rights shares has increased as the Electricity Regulatory Commission, the regulator of hydropower companies, has allowed the issuance of rights shares to pay the loans taken by hydropower companies for the construction of the projects. Most of them are preparing to issue rights shares for loan repayment purposes. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2023-10-15 15:32:51',
'modified' => '2023-10-15 15:32:51',
'keywords' => '',
'description' => '',
'sortorder' => '4007',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1275',
'image' => '20231015111137_PageCober.jpg',
'sortorder' => '1802',
'published' => true,
'created' => '2023-10-15 11:11:37',
'modified' => '2023-10-15 11:11:37',
'title' => 'October 2023 ',
'publish_date' => '2023-10-15',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '4096',
'hit' => '708'
)
)
)
$current_user = null
$logged_in = false
$user = null
include - APP/View/MagazineArticles/view.ctp, line 54
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/view.ctp, line 54]
$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '4096',
'magazine_issue_id' => '1275',
'magazine_category_id' => '8',
'title' => 'SEBON Tightens the Noose on IPO Issuance of Hydropower Companies',
'image' => '20231015033251_SEBON Tightens the Noose.jpg',
'short_content' => '',
'content' => '<p>The Securities Board of Nepal (SEBON) is preparing to implement new regulations regarding the share issuance and trading of hydropower companies. After a discussion between SEBON and the officials of Independent Power Producers Association, Nepal (IPPAN), a new arrangement has been decided regarding the securities of hydropower sector companies, SEBON sources informed New Business Age.</p>
<p>According to the information provided by SEBON spokesperson Mukti Shrestha, a new system is going to be implemented regarding the transactions after the lock-in period of the initial public offering (IPO), rights shares and promoter shares of the hydropower company. According to him, the new system will not apply to companies that are currently in the process of IPO and rights share issuance.</p>
<p>Shrestha said that SEBON is going to add some new provisions to make the securities transactions of hydropower companies transparent due to complaints from the general investors regarding the trading of the promoter shares of the listed hydropower company.</p>
<p>After the lock-in period, the hydropower companies can issue promoter shares only after starting commercial production of electricity, as per the new regulations. SEBON said that the hydropower companies must mandatorily publish the information related to the opening of the lock-in period of promoter as well as general shareholders in a national daily newspaper and the company’s website and also provided the information to the SEBON and the stock market.</p>
<p>The company can start the share trading only after 15 business days after publishing the notice. Recently, the number of companies issuing rights shares has increased as the Electricity Regulatory Commission, the regulator of hydropower companies, has allowed the issuance of rights shares to pay the loans taken by hydropower companies for the construction of the projects. Most of them are preparing to issue rights shares for loan repayment purposes. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2023-10-15 15:32:51',
'modified' => '2023-10-15 15:32:51',
'keywords' => '',
'description' => '',
'sortorder' => '4007',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1275',
'image' => '20231015111137_PageCober.jpg',
'sortorder' => '1802',
'published' => true,
'created' => '2023-10-15 11:11:37',
'modified' => '2023-10-15 11:11:37',
'title' => 'October 2023 ',
'publish_date' => '2023-10-15',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
[maximum depth reached]
)
)
),
'current_user' => null,
'logged_in' => false
)
$magazineArticle = array(
'MagazineArticle' => array(
'id' => '4096',
'magazine_issue_id' => '1275',
'magazine_category_id' => '8',
'title' => 'SEBON Tightens the Noose on IPO Issuance of Hydropower Companies',
'image' => '20231015033251_SEBON Tightens the Noose.jpg',
'short_content' => '',
'content' => '<p>The Securities Board of Nepal (SEBON) is preparing to implement new regulations regarding the share issuance and trading of hydropower companies. After a discussion between SEBON and the officials of Independent Power Producers Association, Nepal (IPPAN), a new arrangement has been decided regarding the securities of hydropower sector companies, SEBON sources informed New Business Age.</p>
<p>According to the information provided by SEBON spokesperson Mukti Shrestha, a new system is going to be implemented regarding the transactions after the lock-in period of the initial public offering (IPO), rights shares and promoter shares of the hydropower company. According to him, the new system will not apply to companies that are currently in the process of IPO and rights share issuance.</p>
<p>Shrestha said that SEBON is going to add some new provisions to make the securities transactions of hydropower companies transparent due to complaints from the general investors regarding the trading of the promoter shares of the listed hydropower company.</p>
<p>After the lock-in period, the hydropower companies can issue promoter shares only after starting commercial production of electricity, as per the new regulations. SEBON said that the hydropower companies must mandatorily publish the information related to the opening of the lock-in period of promoter as well as general shareholders in a national daily newspaper and the company’s website and also provided the information to the SEBON and the stock market.</p>
<p>The company can start the share trading only after 15 business days after publishing the notice. Recently, the number of companies issuing rights shares has increased as the Electricity Regulatory Commission, the regulator of hydropower companies, has allowed the issuance of rights shares to pay the loans taken by hydropower companies for the construction of the projects. Most of them are preparing to issue rights shares for loan repayment purposes. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2023-10-15 15:32:51',
'modified' => '2023-10-15 15:32:51',
'keywords' => '',
'description' => '',
'sortorder' => '4007',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1275',
'image' => '20231015111137_PageCober.jpg',
'sortorder' => '1802',
'published' => true,
'created' => '2023-10-15 11:11:37',
'modified' => '2023-10-15 11:11:37',
'title' => 'October 2023 ',
'publish_date' => '2023-10-15',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '4096',
'hit' => '708'
)
)
)
$current_user = null
$logged_in = false
$user = null
include - APP/View/MagazineArticles/view.ctp, line 54
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/view.ctp, line 55]
//find the group of logged user
$groupId = $user['Group']['id'];
$user_id=$user["id"];
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '4096',
'magazine_issue_id' => '1275',
'magazine_category_id' => '8',
'title' => 'SEBON Tightens the Noose on IPO Issuance of Hydropower Companies',
'image' => '20231015033251_SEBON Tightens the Noose.jpg',
'short_content' => '',
'content' => '<p>The Securities Board of Nepal (SEBON) is preparing to implement new regulations regarding the share issuance and trading of hydropower companies. After a discussion between SEBON and the officials of Independent Power Producers Association, Nepal (IPPAN), a new arrangement has been decided regarding the securities of hydropower sector companies, SEBON sources informed New Business Age.</p>
<p>According to the information provided by SEBON spokesperson Mukti Shrestha, a new system is going to be implemented regarding the transactions after the lock-in period of the initial public offering (IPO), rights shares and promoter shares of the hydropower company. According to him, the new system will not apply to companies that are currently in the process of IPO and rights share issuance.</p>
<p>Shrestha said that SEBON is going to add some new provisions to make the securities transactions of hydropower companies transparent due to complaints from the general investors regarding the trading of the promoter shares of the listed hydropower company.</p>
<p>After the lock-in period, the hydropower companies can issue promoter shares only after starting commercial production of electricity, as per the new regulations. SEBON said that the hydropower companies must mandatorily publish the information related to the opening of the lock-in period of promoter as well as general shareholders in a national daily newspaper and the company’s website and also provided the information to the SEBON and the stock market.</p>
<p>The company can start the share trading only after 15 business days after publishing the notice. Recently, the number of companies issuing rights shares has increased as the Electricity Regulatory Commission, the regulator of hydropower companies, has allowed the issuance of rights shares to pay the loans taken by hydropower companies for the construction of the projects. Most of them are preparing to issue rights shares for loan repayment purposes. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2023-10-15 15:32:51',
'modified' => '2023-10-15 15:32:51',
'keywords' => '',
'description' => '',
'sortorder' => '4007',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1275',
'image' => '20231015111137_PageCober.jpg',
'sortorder' => '1802',
'published' => true,
'created' => '2023-10-15 11:11:37',
'modified' => '2023-10-15 11:11:37',
'title' => 'October 2023 ',
'publish_date' => '2023-10-15',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
[maximum depth reached]
)
)
),
'current_user' => null,
'logged_in' => false
)
$magazineArticle = array(
'MagazineArticle' => array(
'id' => '4096',
'magazine_issue_id' => '1275',
'magazine_category_id' => '8',
'title' => 'SEBON Tightens the Noose on IPO Issuance of Hydropower Companies',
'image' => '20231015033251_SEBON Tightens the Noose.jpg',
'short_content' => '',
'content' => '<p>The Securities Board of Nepal (SEBON) is preparing to implement new regulations regarding the share issuance and trading of hydropower companies. After a discussion between SEBON and the officials of Independent Power Producers Association, Nepal (IPPAN), a new arrangement has been decided regarding the securities of hydropower sector companies, SEBON sources informed New Business Age.</p>
<p>According to the information provided by SEBON spokesperson Mukti Shrestha, a new system is going to be implemented regarding the transactions after the lock-in period of the initial public offering (IPO), rights shares and promoter shares of the hydropower company. According to him, the new system will not apply to companies that are currently in the process of IPO and rights share issuance.</p>
<p>Shrestha said that SEBON is going to add some new provisions to make the securities transactions of hydropower companies transparent due to complaints from the general investors regarding the trading of the promoter shares of the listed hydropower company.</p>
<p>After the lock-in period, the hydropower companies can issue promoter shares only after starting commercial production of electricity, as per the new regulations. SEBON said that the hydropower companies must mandatorily publish the information related to the opening of the lock-in period of promoter as well as general shareholders in a national daily newspaper and the company’s website and also provided the information to the SEBON and the stock market.</p>
<p>The company can start the share trading only after 15 business days after publishing the notice. Recently, the number of companies issuing rights shares has increased as the Electricity Regulatory Commission, the regulator of hydropower companies, has allowed the issuance of rights shares to pay the loans taken by hydropower companies for the construction of the projects. Most of them are preparing to issue rights shares for loan repayment purposes. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2023-10-15 15:32:51',
'modified' => '2023-10-15 15:32:51',
'keywords' => '',
'description' => '',
'sortorder' => '4007',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1275',
'image' => '20231015111137_PageCober.jpg',
'sortorder' => '1802',
'published' => true,
'created' => '2023-10-15 11:11:37',
'modified' => '2023-10-15 11:11:37',
'title' => 'October 2023 ',
'publish_date' => '2023-10-15',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '4096',
'hit' => '708'
)
)
)
$current_user = null
$logged_in = false
$user = null
$groupId = null
include - APP/View/MagazineArticles/view.ctp, line 55
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Undefined index: summary [APP/View/MagazineArticles/view.ctp, line 62]
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '4096',
'magazine_issue_id' => '1275',
'magazine_category_id' => '8',
'title' => 'SEBON Tightens the Noose on IPO Issuance of Hydropower Companies',
'image' => '20231015033251_SEBON Tightens the Noose.jpg',
'short_content' => '',
'content' => '<p>The Securities Board of Nepal (SEBON) is preparing to implement new regulations regarding the share issuance and trading of hydropower companies. After a discussion between SEBON and the officials of Independent Power Producers Association, Nepal (IPPAN), a new arrangement has been decided regarding the securities of hydropower sector companies, SEBON sources informed New Business Age.</p>
<p>According to the information provided by SEBON spokesperson Mukti Shrestha, a new system is going to be implemented regarding the transactions after the lock-in period of the initial public offering (IPO), rights shares and promoter shares of the hydropower company. According to him, the new system will not apply to companies that are currently in the process of IPO and rights share issuance.</p>
<p>Shrestha said that SEBON is going to add some new provisions to make the securities transactions of hydropower companies transparent due to complaints from the general investors regarding the trading of the promoter shares of the listed hydropower company.</p>
<p>After the lock-in period, the hydropower companies can issue promoter shares only after starting commercial production of electricity, as per the new regulations. SEBON said that the hydropower companies must mandatorily publish the information related to the opening of the lock-in period of promoter as well as general shareholders in a national daily newspaper and the company’s website and also provided the information to the SEBON and the stock market.</p>
<p>The company can start the share trading only after 15 business days after publishing the notice. Recently, the number of companies issuing rights shares has increased as the Electricity Regulatory Commission, the regulator of hydropower companies, has allowed the issuance of rights shares to pay the loans taken by hydropower companies for the construction of the projects. Most of them are preparing to issue rights shares for loan repayment purposes. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2023-10-15 15:32:51',
'modified' => '2023-10-15 15:32:51',
'keywords' => '',
'description' => '',
'sortorder' => '4007',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1275',
'image' => '20231015111137_PageCober.jpg',
'sortorder' => '1802',
'published' => true,
'created' => '2023-10-15 11:11:37',
'modified' => '2023-10-15 11:11:37',
'title' => 'October 2023 ',
'publish_date' => '2023-10-15',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
[maximum depth reached]
)
)
),
'current_user' => null,
'logged_in' => false
)
$magazineArticle = array(
'MagazineArticle' => array(
'id' => '4096',
'magazine_issue_id' => '1275',
'magazine_category_id' => '8',
'title' => 'SEBON Tightens the Noose on IPO Issuance of Hydropower Companies',
'image' => '20231015033251_SEBON Tightens the Noose.jpg',
'short_content' => '',
'content' => '<p>The Securities Board of Nepal (SEBON) is preparing to implement new regulations regarding the share issuance and trading of hydropower companies. After a discussion between SEBON and the officials of Independent Power Producers Association, Nepal (IPPAN), a new arrangement has been decided regarding the securities of hydropower sector companies, SEBON sources informed New Business Age.</p>
<p>According to the information provided by SEBON spokesperson Mukti Shrestha, a new system is going to be implemented regarding the transactions after the lock-in period of the initial public offering (IPO), rights shares and promoter shares of the hydropower company. According to him, the new system will not apply to companies that are currently in the process of IPO and rights share issuance.</p>
<p>Shrestha said that SEBON is going to add some new provisions to make the securities transactions of hydropower companies transparent due to complaints from the general investors regarding the trading of the promoter shares of the listed hydropower company.</p>
<p>After the lock-in period, the hydropower companies can issue promoter shares only after starting commercial production of electricity, as per the new regulations. SEBON said that the hydropower companies must mandatorily publish the information related to the opening of the lock-in period of promoter as well as general shareholders in a national daily newspaper and the company’s website and also provided the information to the SEBON and the stock market.</p>
<p>The company can start the share trading only after 15 business days after publishing the notice. Recently, the number of companies issuing rights shares has increased as the Electricity Regulatory Commission, the regulator of hydropower companies, has allowed the issuance of rights shares to pay the loans taken by hydropower companies for the construction of the projects. Most of them are preparing to issue rights shares for loan repayment purposes. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2023-10-15 15:32:51',
'modified' => '2023-10-15 15:32:51',
'keywords' => '',
'description' => '',
'sortorder' => '4007',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1275',
'image' => '20231015111137_PageCober.jpg',
'sortorder' => '1802',
'published' => true,
'created' => '2023-10-15 11:11:37',
'modified' => '2023-10-15 11:11:37',
'title' => 'October 2023 ',
'publish_date' => '2023-10-15',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '4096',
'hit' => '708'
)
)
)
$current_user = null
$logged_in = false
$user = null
$groupId = null
$user_id = null
include - APP/View/MagazineArticles/view.ctp, line 62
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Undefined index: summary [APP/View/MagazineArticles/view.ctp, line 68]
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '4096',
'magazine_issue_id' => '1275',
'magazine_category_id' => '8',
'title' => 'SEBON Tightens the Noose on IPO Issuance of Hydropower Companies',
'image' => '20231015033251_SEBON Tightens the Noose.jpg',
'short_content' => '',
'content' => '<p>The Securities Board of Nepal (SEBON) is preparing to implement new regulations regarding the share issuance and trading of hydropower companies. After a discussion between SEBON and the officials of Independent Power Producers Association, Nepal (IPPAN), a new arrangement has been decided regarding the securities of hydropower sector companies, SEBON sources informed New Business Age.</p>
<p>According to the information provided by SEBON spokesperson Mukti Shrestha, a new system is going to be implemented regarding the transactions after the lock-in period of the initial public offering (IPO), rights shares and promoter shares of the hydropower company. According to him, the new system will not apply to companies that are currently in the process of IPO and rights share issuance.</p>
<p>Shrestha said that SEBON is going to add some new provisions to make the securities transactions of hydropower companies transparent due to complaints from the general investors regarding the trading of the promoter shares of the listed hydropower company.</p>
<p>After the lock-in period, the hydropower companies can issue promoter shares only after starting commercial production of electricity, as per the new regulations. SEBON said that the hydropower companies must mandatorily publish the information related to the opening of the lock-in period of promoter as well as general shareholders in a national daily newspaper and the company’s website and also provided the information to the SEBON and the stock market.</p>
<p>The company can start the share trading only after 15 business days after publishing the notice. Recently, the number of companies issuing rights shares has increased as the Electricity Regulatory Commission, the regulator of hydropower companies, has allowed the issuance of rights shares to pay the loans taken by hydropower companies for the construction of the projects. Most of them are preparing to issue rights shares for loan repayment purposes. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2023-10-15 15:32:51',
'modified' => '2023-10-15 15:32:51',
'keywords' => '',
'description' => '',
'sortorder' => '4007',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1275',
'image' => '20231015111137_PageCober.jpg',
'sortorder' => '1802',
'published' => true,
'created' => '2023-10-15 11:11:37',
'modified' => '2023-10-15 11:11:37',
'title' => 'October 2023 ',
'publish_date' => '2023-10-15',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
[maximum depth reached]
)
)
),
'current_user' => null,
'logged_in' => false
)
$magazineArticle = array(
'MagazineArticle' => array(
'id' => '4096',
'magazine_issue_id' => '1275',
'magazine_category_id' => '8',
'title' => 'SEBON Tightens the Noose on IPO Issuance of Hydropower Companies',
'image' => '20231015033251_SEBON Tightens the Noose.jpg',
'short_content' => '',
'content' => '<p>The Securities Board of Nepal (SEBON) is preparing to implement new regulations regarding the share issuance and trading of hydropower companies. After a discussion between SEBON and the officials of Independent Power Producers Association, Nepal (IPPAN), a new arrangement has been decided regarding the securities of hydropower sector companies, SEBON sources informed New Business Age.</p>
<p>According to the information provided by SEBON spokesperson Mukti Shrestha, a new system is going to be implemented regarding the transactions after the lock-in period of the initial public offering (IPO), rights shares and promoter shares of the hydropower company. According to him, the new system will not apply to companies that are currently in the process of IPO and rights share issuance.</p>
<p>Shrestha said that SEBON is going to add some new provisions to make the securities transactions of hydropower companies transparent due to complaints from the general investors regarding the trading of the promoter shares of the listed hydropower company.</p>
<p>After the lock-in period, the hydropower companies can issue promoter shares only after starting commercial production of electricity, as per the new regulations. SEBON said that the hydropower companies must mandatorily publish the information related to the opening of the lock-in period of promoter as well as general shareholders in a national daily newspaper and the company’s website and also provided the information to the SEBON and the stock market.</p>
<p>The company can start the share trading only after 15 business days after publishing the notice. Recently, the number of companies issuing rights shares has increased as the Electricity Regulatory Commission, the regulator of hydropower companies, has allowed the issuance of rights shares to pay the loans taken by hydropower companies for the construction of the projects. Most of them are preparing to issue rights shares for loan repayment purposes. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2023-10-15 15:32:51',
'modified' => '2023-10-15 15:32:51',
'keywords' => '',
'description' => '',
'sortorder' => '4007',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1275',
'image' => '20231015111137_PageCober.jpg',
'sortorder' => '1802',
'published' => true,
'created' => '2023-10-15 11:11:37',
'modified' => '2023-10-15 11:11:37',
'title' => 'October 2023 ',
'publish_date' => '2023-10-15',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '4096',
'hit' => '708'
)
)
)
$current_user = null
$logged_in = false
$user = null
$groupId = null
$user_id = null
include - APP/View/MagazineArticles/view.ctp, line 68
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
SEBON Tightens the Noose on IPO Issuance of Hydropower Companies
1 min 33 sec to read
The Securities Board of Nepal (SEBON) is preparing to implement new regulations regarding the share issuance and trading of hydropower companies. After a discussion between SEBON and the officials of Independent Power Producers Association, Nepal (IPPAN), a new arrangement has been decided regarding the securities of hydropower sector companies, SEBON sources informed New Business Age.
According to the information provided by SEBON spokesperson Mukti Shrestha, a new system is going to be implemented regarding the transactions after the lock-in period of the initial public offering (IPO), rights shares and promoter shares of the hydropower company. According to him, the new system will not apply to companies that are currently in the process of IPO and rights share issuance.
Shrestha said that SEBON is going to add some new provisions to make the securities transactions of hydropower companies transparent due to complaints from the general investors regarding the trading of the promoter shares of the listed hydropower company.
After the lock-in period, the hydropower companies can issue promoter shares only after starting commercial production of electricity, as per the new regulations. SEBON said that the hydropower companies must mandatorily publish the information related to the opening of the lock-in period of promoter as well as general shareholders in a national daily newspaper and the company’s website and also provided the information to the SEBON and the stock market.
The company can start the share trading only after 15 business days after publishing the notice. Recently, the number of companies issuing rights shares has increased as the Electricity Regulatory Commission, the regulator of hydropower companies, has allowed the issuance of rights shares to pay the loans taken by hydropower companies for the construction of the projects. Most of them are preparing to issue rights shares for loan repayment purposes.
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '4096',
'magazine_issue_id' => '1275',
'magazine_category_id' => '8',
'title' => 'SEBON Tightens the Noose on IPO Issuance of Hydropower Companies',
'image' => '20231015033251_SEBON Tightens the Noose.jpg',
'short_content' => '',
'content' => '<p>The Securities Board of Nepal (SEBON) is preparing to implement new regulations regarding the share issuance and trading of hydropower companies. After a discussion between SEBON and the officials of Independent Power Producers Association, Nepal (IPPAN), a new arrangement has been decided regarding the securities of hydropower sector companies, SEBON sources informed New Business Age.</p>
<p>According to the information provided by SEBON spokesperson Mukti Shrestha, a new system is going to be implemented regarding the transactions after the lock-in period of the initial public offering (IPO), rights shares and promoter shares of the hydropower company. According to him, the new system will not apply to companies that are currently in the process of IPO and rights share issuance.</p>
<p>Shrestha said that SEBON is going to add some new provisions to make the securities transactions of hydropower companies transparent due to complaints from the general investors regarding the trading of the promoter shares of the listed hydropower company.</p>
<p>After the lock-in period, the hydropower companies can issue promoter shares only after starting commercial production of electricity, as per the new regulations. SEBON said that the hydropower companies must mandatorily publish the information related to the opening of the lock-in period of promoter as well as general shareholders in a national daily newspaper and the company’s website and also provided the information to the SEBON and the stock market.</p>
<p>The company can start the share trading only after 15 business days after publishing the notice. Recently, the number of companies issuing rights shares has increased as the Electricity Regulatory Commission, the regulator of hydropower companies, has allowed the issuance of rights shares to pay the loans taken by hydropower companies for the construction of the projects. Most of them are preparing to issue rights shares for loan repayment purposes. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2023-10-15 15:32:51',
'modified' => '2023-10-15 15:32:51',
'keywords' => '',
'description' => '',
'sortorder' => '4007',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1275',
'image' => '20231015111137_PageCober.jpg',
'sortorder' => '1802',
'published' => true,
'created' => '2023-10-15 11:11:37',
'modified' => '2023-10-15 11:11:37',
'title' => 'October 2023 ',
'publish_date' => '2023-10-15',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
[maximum depth reached]
)
)
),
'current_user' => null,
'logged_in' => false
)
$magazineArticle = array(
'MagazineArticle' => array(
'id' => '4096',
'magazine_issue_id' => '1275',
'magazine_category_id' => '8',
'title' => 'SEBON Tightens the Noose on IPO Issuance of Hydropower Companies',
'image' => '20231015033251_SEBON Tightens the Noose.jpg',
'short_content' => '',
'content' => '<p>The Securities Board of Nepal (SEBON) is preparing to implement new regulations regarding the share issuance and trading of hydropower companies. After a discussion between SEBON and the officials of Independent Power Producers Association, Nepal (IPPAN), a new arrangement has been decided regarding the securities of hydropower sector companies, SEBON sources informed New Business Age.</p>
<p>According to the information provided by SEBON spokesperson Mukti Shrestha, a new system is going to be implemented regarding the transactions after the lock-in period of the initial public offering (IPO), rights shares and promoter shares of the hydropower company. According to him, the new system will not apply to companies that are currently in the process of IPO and rights share issuance.</p>
<p>Shrestha said that SEBON is going to add some new provisions to make the securities transactions of hydropower companies transparent due to complaints from the general investors regarding the trading of the promoter shares of the listed hydropower company.</p>
<p>After the lock-in period, the hydropower companies can issue promoter shares only after starting commercial production of electricity, as per the new regulations. SEBON said that the hydropower companies must mandatorily publish the information related to the opening of the lock-in period of promoter as well as general shareholders in a national daily newspaper and the company’s website and also provided the information to the SEBON and the stock market.</p>
<p>The company can start the share trading only after 15 business days after publishing the notice. Recently, the number of companies issuing rights shares has increased as the Electricity Regulatory Commission, the regulator of hydropower companies, has allowed the issuance of rights shares to pay the loans taken by hydropower companies for the construction of the projects. Most of them are preparing to issue rights shares for loan repayment purposes. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2023-10-15 15:32:51',
'modified' => '2023-10-15 15:32:51',
'keywords' => '',
'description' => '',
'sortorder' => '4007',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1275',
'image' => '20231015111137_PageCober.jpg',
'sortorder' => '1802',
'published' => true,
'created' => '2023-10-15 11:11:37',
'modified' => '2023-10-15 11:11:37',
'title' => 'October 2023 ',
'publish_date' => '2023-10-15',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '4096',
'hit' => '708'
)
)
)
$current_user = null
$logged_in = false
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/MagazineArticles/view.ctp, line 279
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '4096',
'magazine_issue_id' => '1275',
'magazine_category_id' => '8',
'title' => 'SEBON Tightens the Noose on IPO Issuance of Hydropower Companies',
'image' => '20231015033251_SEBON Tightens the Noose.jpg',
'short_content' => '',
'content' => '<p>The Securities Board of Nepal (SEBON) is preparing to implement new regulations regarding the share issuance and trading of hydropower companies. After a discussion between SEBON and the officials of Independent Power Producers Association, Nepal (IPPAN), a new arrangement has been decided regarding the securities of hydropower sector companies, SEBON sources informed New Business Age.</p>
<p>According to the information provided by SEBON spokesperson Mukti Shrestha, a new system is going to be implemented regarding the transactions after the lock-in period of the initial public offering (IPO), rights shares and promoter shares of the hydropower company. According to him, the new system will not apply to companies that are currently in the process of IPO and rights share issuance.</p>
<p>Shrestha said that SEBON is going to add some new provisions to make the securities transactions of hydropower companies transparent due to complaints from the general investors regarding the trading of the promoter shares of the listed hydropower company.</p>
<p>After the lock-in period, the hydropower companies can issue promoter shares only after starting commercial production of electricity, as per the new regulations. SEBON said that the hydropower companies must mandatorily publish the information related to the opening of the lock-in period of promoter as well as general shareholders in a national daily newspaper and the company’s website and also provided the information to the SEBON and the stock market.</p>
<p>The company can start the share trading only after 15 business days after publishing the notice. Recently, the number of companies issuing rights shares has increased as the Electricity Regulatory Commission, the regulator of hydropower companies, has allowed the issuance of rights shares to pay the loans taken by hydropower companies for the construction of the projects. Most of them are preparing to issue rights shares for loan repayment purposes. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2023-10-15 15:32:51',
'modified' => '2023-10-15 15:32:51',
'keywords' => '',
'description' => '',
'sortorder' => '4007',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1275',
'image' => '20231015111137_PageCober.jpg',
'sortorder' => '1802',
'published' => true,
'created' => '2023-10-15 11:11:37',
'modified' => '2023-10-15 11:11:37',
'title' => 'October 2023 ',
'publish_date' => '2023-10-15',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
[maximum depth reached]
)
)
),
'current_user' => null,
'logged_in' => false
)
$magazineArticle = array(
'MagazineArticle' => array(
'id' => '4096',
'magazine_issue_id' => '1275',
'magazine_category_id' => '8',
'title' => 'SEBON Tightens the Noose on IPO Issuance of Hydropower Companies',
'image' => '20231015033251_SEBON Tightens the Noose.jpg',
'short_content' => '',
'content' => '<p>The Securities Board of Nepal (SEBON) is preparing to implement new regulations regarding the share issuance and trading of hydropower companies. After a discussion between SEBON and the officials of Independent Power Producers Association, Nepal (IPPAN), a new arrangement has been decided regarding the securities of hydropower sector companies, SEBON sources informed New Business Age.</p>
<p>According to the information provided by SEBON spokesperson Mukti Shrestha, a new system is going to be implemented regarding the transactions after the lock-in period of the initial public offering (IPO), rights shares and promoter shares of the hydropower company. According to him, the new system will not apply to companies that are currently in the process of IPO and rights share issuance.</p>
<p>Shrestha said that SEBON is going to add some new provisions to make the securities transactions of hydropower companies transparent due to complaints from the general investors regarding the trading of the promoter shares of the listed hydropower company.</p>
<p>After the lock-in period, the hydropower companies can issue promoter shares only after starting commercial production of electricity, as per the new regulations. SEBON said that the hydropower companies must mandatorily publish the information related to the opening of the lock-in period of promoter as well as general shareholders in a national daily newspaper and the company’s website and also provided the information to the SEBON and the stock market.</p>
<p>The company can start the share trading only after 15 business days after publishing the notice. Recently, the number of companies issuing rights shares has increased as the Electricity Regulatory Commission, the regulator of hydropower companies, has allowed the issuance of rights shares to pay the loans taken by hydropower companies for the construction of the projects. Most of them are preparing to issue rights shares for loan repayment purposes. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2023-10-15 15:32:51',
'modified' => '2023-10-15 15:32:51',
'keywords' => '',
'description' => '',
'sortorder' => '4007',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1275',
'image' => '20231015111137_PageCober.jpg',
'sortorder' => '1802',
'published' => true,
'created' => '2023-10-15 11:11:37',
'modified' => '2023-10-15 11:11:37',
'title' => 'October 2023 ',
'publish_date' => '2023-10-15',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '4096',
'hit' => '708'
)
)
)
$current_user = null
$logged_in = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/MagazineArticles/view.ctp, line 279
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
file not found!
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '4096',
'magazine_issue_id' => '1275',
'magazine_category_id' => '8',
'title' => 'SEBON Tightens the Noose on IPO Issuance of Hydropower Companies',
'image' => '20231015033251_SEBON Tightens the Noose.jpg',
'short_content' => '',
'content' => '<p>The Securities Board of Nepal (SEBON) is preparing to implement new regulations regarding the share issuance and trading of hydropower companies. After a discussion between SEBON and the officials of Independent Power Producers Association, Nepal (IPPAN), a new arrangement has been decided regarding the securities of hydropower sector companies, SEBON sources informed New Business Age.</p>
<p>According to the information provided by SEBON spokesperson Mukti Shrestha, a new system is going to be implemented regarding the transactions after the lock-in period of the initial public offering (IPO), rights shares and promoter shares of the hydropower company. According to him, the new system will not apply to companies that are currently in the process of IPO and rights share issuance.</p>
<p>Shrestha said that SEBON is going to add some new provisions to make the securities transactions of hydropower companies transparent due to complaints from the general investors regarding the trading of the promoter shares of the listed hydropower company.</p>
<p>After the lock-in period, the hydropower companies can issue promoter shares only after starting commercial production of electricity, as per the new regulations. SEBON said that the hydropower companies must mandatorily publish the information related to the opening of the lock-in period of promoter as well as general shareholders in a national daily newspaper and the company’s website and also provided the information to the SEBON and the stock market.</p>
<p>The company can start the share trading only after 15 business days after publishing the notice. Recently, the number of companies issuing rights shares has increased as the Electricity Regulatory Commission, the regulator of hydropower companies, has allowed the issuance of rights shares to pay the loans taken by hydropower companies for the construction of the projects. Most of them are preparing to issue rights shares for loan repayment purposes. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2023-10-15 15:32:51',
'modified' => '2023-10-15 15:32:51',
'keywords' => '',
'description' => '',
'sortorder' => '4007',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1275',
'image' => '20231015111137_PageCober.jpg',
'sortorder' => '1802',
'published' => true,
'created' => '2023-10-15 11:11:37',
'modified' => '2023-10-15 11:11:37',
'title' => 'October 2023 ',
'publish_date' => '2023-10-15',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
[maximum depth reached]
)
)
),
'current_user' => null,
'logged_in' => false
)
$magazineArticle = array(
'MagazineArticle' => array(
'id' => '4096',
'magazine_issue_id' => '1275',
'magazine_category_id' => '8',
'title' => 'SEBON Tightens the Noose on IPO Issuance of Hydropower Companies',
'image' => '20231015033251_SEBON Tightens the Noose.jpg',
'short_content' => '',
'content' => '<p>The Securities Board of Nepal (SEBON) is preparing to implement new regulations regarding the share issuance and trading of hydropower companies. After a discussion between SEBON and the officials of Independent Power Producers Association, Nepal (IPPAN), a new arrangement has been decided regarding the securities of hydropower sector companies, SEBON sources informed New Business Age.</p>
<p>According to the information provided by SEBON spokesperson Mukti Shrestha, a new system is going to be implemented regarding the transactions after the lock-in period of the initial public offering (IPO), rights shares and promoter shares of the hydropower company. According to him, the new system will not apply to companies that are currently in the process of IPO and rights share issuance.</p>
<p>Shrestha said that SEBON is going to add some new provisions to make the securities transactions of hydropower companies transparent due to complaints from the general investors regarding the trading of the promoter shares of the listed hydropower company.</p>
<p>After the lock-in period, the hydropower companies can issue promoter shares only after starting commercial production of electricity, as per the new regulations. SEBON said that the hydropower companies must mandatorily publish the information related to the opening of the lock-in period of promoter as well as general shareholders in a national daily newspaper and the company’s website and also provided the information to the SEBON and the stock market.</p>
<p>The company can start the share trading only after 15 business days after publishing the notice. Recently, the number of companies issuing rights shares has increased as the Electricity Regulatory Commission, the regulator of hydropower companies, has allowed the issuance of rights shares to pay the loans taken by hydropower companies for the construction of the projects. Most of them are preparing to issue rights shares for loan repayment purposes. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2023-10-15 15:32:51',
'modified' => '2023-10-15 15:32:51',
'keywords' => '',
'description' => '',
'sortorder' => '4007',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1275',
'image' => '20231015111137_PageCober.jpg',
'sortorder' => '1802',
'published' => true,
'created' => '2023-10-15 11:11:37',
'modified' => '2023-10-15 11:11:37',
'title' => 'October 2023 ',
'publish_date' => '2023-10-15',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '4096',
'hit' => '708'
)
)
)
$current_user = null
$logged_in = false
$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/MagazineArticles/view.ctp, line 279
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '4096',
'magazine_issue_id' => '1275',
'magazine_category_id' => '8',
'title' => 'SEBON Tightens the Noose on IPO Issuance of Hydropower Companies',
'image' => '20231015033251_SEBON Tightens the Noose.jpg',
'short_content' => '',
'content' => '<p>The Securities Board of Nepal (SEBON) is preparing to implement new regulations regarding the share issuance and trading of hydropower companies. After a discussion between SEBON and the officials of Independent Power Producers Association, Nepal (IPPAN), a new arrangement has been decided regarding the securities of hydropower sector companies, SEBON sources informed New Business Age.</p>
<p>According to the information provided by SEBON spokesperson Mukti Shrestha, a new system is going to be implemented regarding the transactions after the lock-in period of the initial public offering (IPO), rights shares and promoter shares of the hydropower company. According to him, the new system will not apply to companies that are currently in the process of IPO and rights share issuance.</p>
<p>Shrestha said that SEBON is going to add some new provisions to make the securities transactions of hydropower companies transparent due to complaints from the general investors regarding the trading of the promoter shares of the listed hydropower company.</p>
<p>After the lock-in period, the hydropower companies can issue promoter shares only after starting commercial production of electricity, as per the new regulations. SEBON said that the hydropower companies must mandatorily publish the information related to the opening of the lock-in period of promoter as well as general shareholders in a national daily newspaper and the company’s website and also provided the information to the SEBON and the stock market.</p>
<p>The company can start the share trading only after 15 business days after publishing the notice. Recently, the number of companies issuing rights shares has increased as the Electricity Regulatory Commission, the regulator of hydropower companies, has allowed the issuance of rights shares to pay the loans taken by hydropower companies for the construction of the projects. Most of them are preparing to issue rights shares for loan repayment purposes. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2023-10-15 15:32:51',
'modified' => '2023-10-15 15:32:51',
'keywords' => '',
'description' => '',
'sortorder' => '4007',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1275',
'image' => '20231015111137_PageCober.jpg',
'sortorder' => '1802',
'published' => true,
'created' => '2023-10-15 11:11:37',
'modified' => '2023-10-15 11:11:37',
'title' => 'October 2023 ',
'publish_date' => '2023-10-15',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
[maximum depth reached]
)
)
),
'current_user' => null,
'logged_in' => false
)
$magazineArticle = array(
'MagazineArticle' => array(
'id' => '4096',
'magazine_issue_id' => '1275',
'magazine_category_id' => '8',
'title' => 'SEBON Tightens the Noose on IPO Issuance of Hydropower Companies',
'image' => '20231015033251_SEBON Tightens the Noose.jpg',
'short_content' => '',
'content' => '<p>The Securities Board of Nepal (SEBON) is preparing to implement new regulations regarding the share issuance and trading of hydropower companies. After a discussion between SEBON and the officials of Independent Power Producers Association, Nepal (IPPAN), a new arrangement has been decided regarding the securities of hydropower sector companies, SEBON sources informed New Business Age.</p>
<p>According to the information provided by SEBON spokesperson Mukti Shrestha, a new system is going to be implemented regarding the transactions after the lock-in period of the initial public offering (IPO), rights shares and promoter shares of the hydropower company. According to him, the new system will not apply to companies that are currently in the process of IPO and rights share issuance.</p>
<p>Shrestha said that SEBON is going to add some new provisions to make the securities transactions of hydropower companies transparent due to complaints from the general investors regarding the trading of the promoter shares of the listed hydropower company.</p>
<p>After the lock-in period, the hydropower companies can issue promoter shares only after starting commercial production of electricity, as per the new regulations. SEBON said that the hydropower companies must mandatorily publish the information related to the opening of the lock-in period of promoter as well as general shareholders in a national daily newspaper and the company’s website and also provided the information to the SEBON and the stock market.</p>
<p>The company can start the share trading only after 15 business days after publishing the notice. Recently, the number of companies issuing rights shares has increased as the Electricity Regulatory Commission, the regulator of hydropower companies, has allowed the issuance of rights shares to pay the loans taken by hydropower companies for the construction of the projects. Most of them are preparing to issue rights shares for loan repayment purposes. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2023-10-15 15:32:51',
'modified' => '2023-10-15 15:32:51',
'keywords' => '',
'description' => '',
'sortorder' => '4007',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1275',
'image' => '20231015111137_PageCober.jpg',
'sortorder' => '1802',
'published' => true,
'created' => '2023-10-15 11:11:37',
'modified' => '2023-10-15 11:11:37',
'title' => 'October 2023 ',
'publish_date' => '2023-10-15',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '4096',
'hit' => '708'
)
)
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/MagazineArticles/view.ctp, line 279
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
