Hathway Investment Nepal Wishes to Issue IPO; Calls AGM to Also Endorse 55% Dividend

Hathway Investment Nepal Limited has called its 13th AGM on 25th Bhadra, 2078. The meeting will be held in the company's registered office in Lainchaur, Kathmandu, starting at 2 pm that day.

Among other agendas, the AGM will endorse 30% cash dividend and 25% bonus shares. Furthermore, there is also an agenda to discuss the issuance of IPO. The board has proposed to issue IPO shares worth 12.5% of the company's issued capital. The issued capital of the company is Rs. 1.17 Arba.

AGM notice

Founded in 2009, Hathaway claims to be the leading provider of private equity to the energy industry, real estate, eco-tourism, and stock market. With more than 100 million rupees (this may be outdated information) in assets under management, Hathway claims to target investment opportunities with a proven management team that possesses a clear vision and understanding of companies that have sustainable competitive advantages within well-defined segments of our strategies in our investment sectors.

The company provides financial knowledge for stock market investment, restructuring of risk industries, mergers, and acquisitions (M&A), and finance any projects that qualify Hathway’s investment requirements. The company claims to have a unique and well-versed team for management of investments in the areas of real estate, stocks, eco-tourism, mergers and acquisitions, and energy-focused private equity funds because it is comprised of individuals who have invested in and have the first-hand experience in such sectors spanning the entire length of their careers, as well as individuals with decades of technical, operational, and executive-level experience in both public and private investment firms.

Disclaimer: The latter part of this article was transcribed from a secondary source. While it was done to add to investors' knowledge about the company, Sharesansar awares the reader that the information may be outdated data or self-claims.