Businessman Gyanendra Has Shares In 17 Companies

For the record: Gyanendra Shah is not only the biggest landlord of Nepal but also a businessman with shares in as many as 17 companies. Mr. Shah also happens to be the king of Nepal and if everything goes smoothly Nepalis will be voting to decide his royal fate in the next year or so.

KATHMANDU, Aug 27 – The government has informed Parliamentary Natural Resource Committee (NRC) that the King and his family members have shares in 17 industrial and business enterprises in the country. According to the report provided by the Ministry of Industry, Commerce and Supplies to the Committee, the King and royal family members have majority shares in Soaltee Hotel, Soaltee Enterprises, Nebico Pvt. Ltd., Himalayan Goodrich (formerly Himalayan Tea Garden),Surya Nepal (Formerly Surya Tobacco), Hotel Del’ Annapurna, Himal International Energy and Himal International Power Corp. Continue reading Businessman Gyanendra Has Shares In 17 Companies