IME Financial Institution is about to issue its right shares in the ratio 1:1. At present the company has Rs. 100 million paid up capital, Rs. 640 million authorized capital and Rs. 400 million issue capital. After the issuance, total paid up capital would be Rs. 200 million. Nepal Merchant bank has been appointed as an issue manager. Altogether, the company has 7 remit counters in the country and a branch office in Gangabu. Yogeshwor Dhakal, CEO of the company said, "IME will be expanding its branch on Narayangadh and Dang very soon". He added, "Within six month the organization has planned to extend 10 more branches".
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Thursday, July 3, 2008
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