Your expose of the public issue of Oriental Hotel three months ago ("Buyers beware" #15) was insightful. But the question that came to my mind as I was reading the article was: so what else is new? The earlier public issue of the Hyatt was the same story: share offerings here are not accompanied by transparency or information to investors. In fact, the concept of providing adequate information to the public has never been an issue here. If anything, Oriental Hotel provided more information than normal public offerings in Nepal. And the public was so desperate to invest, that they willingly allowed themselves to be hoodwinked.

S.Singh
Kathmandu