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Home Minister Sudan Gurung holds Rs 43.1 million in share investments

Home Minister Sudan Gurung has invested over Rs 43.1 million in the share market, according to property details made public by the Office of the Prime Minister and Council of Ministers. The disclosure, released on Sunday, shows that Gurung’s total share market investment stands at Rs 43,156,200.
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By REPUBLICA

KATHMANDU, April 12: Home Minister Sudan Gurung has invested over Rs 43.1 million in the share market, according to property details made public by the Office of the Prime Minister and Council of Ministers.



The disclosure, released on Sunday, shows that Gurung’s total share market investment stands at Rs 43,156,200.


According to the details, he holds 30,000 ordinary shares in Hope Holdings Pvt Ltd, valued at Rs 3 million. Similarly, he owns 5,700 ordinary shares in Lagom Premium Apartments Pvt Ltd, worth Rs 5.7 million.


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The largest portion of his investment—Rs 27,456,200—has been placed in shares traded in the secondary market, listed collectively under “shares traded in the securities market,” with income sources cited as business and ancestral property.


Additionally, Gurung has invested in Adventure Villa Pvt Ltd, where he holds 70,000 shares valued at Rs 7 million.


The asset disclosure is part of a mandatory transparency requirement for public officials under prevailing laws.


 


 

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