Grand to conduct special general meeting; acquisition major agendas

Wed, Feb 11, 2015 12:00 AM on Others,

ShareSansar, February 11:

Grand Bank Limited has announced the date for special general meeting on Falgun 22 seeking the approval from its shareholders to do all the needful for its acquisition.

 The special general meeting is schedule to hold at Nepal Staff College, Jawalakhel, Lalitpur.
Recently, Prabhu Bank Limited has signed memorandum of understanding with Grand Bank Limited for acquisition. Following the agreement its share transaction has been halted for trading in Nepal Stock Exchange.