Himalayan Bank issuing FPO share to Public

Dec Thu 2023 01:59:54

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Himalayan Bank issuing FPO share to Public

Kathmandu. Himalayan Bank is going to issue FPO at a premium to maintain the share ratio of common shareholders. The bank has called the annual general meeting on 29th poush of 2080 with proposals including issue of FPO at premium. The meeting will start at 9 am at Nepal Pragya Pratishthan, Kamaladi.

The assembly will pass the resolution to determine the price of FPO, authorize the board of directors to amend the charter and regulations, and appoint an auditor. In addition to this, the assembly will pass resolutions including the election of 5 directors on behalf of the founding shareholders and 1 director on behalf of the general public.