Kathmandu, July 1
Devyani International Nepal Limited has
decided to invest in the NIBL Mutual Fund under corporate payroll Systematic
Investment Plan (SIP).
Devyani International is
a franchise company of KFC, Pizza Hut & Cream Bell Ice Cream in Nepal.
NIBL Ace Capital Limited, as a Fund
Manager and Depository of NIBL Mutual Fund, signed Memorandum of Understanding (MoU) with Devyani for Systematic Investment Plan (SIP) of NIBL
Sahabhagita Fund under Corporate Payroll SIP.
Under this Plan, the employees of Devyani shall invest
certain portion of their salary on monthly basis in the NIBL Sahabhagita Fund
through SIP, the companies said in a statement on Thursday.
Ritu Raj Shah,
Deputy General Manager of Devyani
International and Sachindra
Dhungana, Assistant General Managerof
NIBL Ace Capital, signed the MoU on Tuesday.
Published in The Rising Nepal daily on 2 July 2021.
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