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Radisson shares


The Nepal Stock Exchange has decided to list shares of Oriental Hotels for trading, almost nine months after the hotel applied for the privilege. The decision, however, is conditional-the hotel would have to make public facts on its finances before trading will be permitted. The issue of Oriental Hotels Limited became controversial after the stock exchange discovered differences in the information in its issue prospectus and the audited statements submitted with the company's application to be listed on the bourse. ("Buyers Beware", #15) Oriental Hotels has over 32,000 shareholders who have subscribed to Rs 150 million worth of stock.


LATEST ISSUE
638
(11 JAN 2013 - 17 JAN 2013)


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