Global IME Bank to acquire Hathway Finance

0
418
Global ime bank ltd

Global IME Bank to acquire Hathway Finance.

As per notice in Nepse, the board meeting of the bank held on 30 Falgun 2075 had decided to acquire Hathway Finance (former Arun Finance).

Both party has signed memorandum of Understanding (MOU).

Swap ratio will be finalized after the final DDA.

Currently, paid up capital of Global IME Bank has Rs.10.39 arba where as Hathway Finance has Rs.30 crore.