The Special General Meeting (SGM) of Nabil Bank Limited has been scheduled for Ashad 5, 2078 BS [June 19, 2021]. After 11 a.m., the meeting will be held virtually at the bank’s headquarters in Durbarmarg, Kathmandu.
The SGM’s first priority is to complete the acquisition of United Finance Limited. The meeting will give the transaction its final approval. The 1:0.35 share swap ratio will also be approved at the meeting.
The bank has proposed that the authority be delegated to the bank’s board of directors for future merger/acquisition decisions.
The bank has set the book closing date for the Special General Meeting on Jestha 28, 2078 BS.
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On Ashad 5, Nabil Bank will have a special AGM to finalize the acquisition of United Finance