Mega Bank SGM today; to endorse merger with Tourism Development Bank in the share swap ratio of 100:95
Tue, Dec 19, 2017 8:09 AM on Latest, Featured, AGM/Special AGM, Stock Market,
Mega Bank Nepal Limited (MEGA) is convening Special General Meeting (SGM) today (Poush 4, 2074). The SGM is being held at Army Officers Club, Bhadrakali, Kathmandu at 11:30 AM.
The main agendas of the SGM are:
- To endorse decision for the merger with Tourism Development Bank Limited (TDBL).
- To approve Due Diligence Audit Report for the share swap ratio of 100:95.
- To appoint auditor and fix the necessary charges for the auditing company.
- To endorse decision of Due Diligence Audit Report, Memorandum of Understanding and Final Scheme of Arrangement.
- To increase authorized and issued capital of the company after merger.
- To amend Memorandum of Association (MOA) and Articles of Association (AOA).
- To amend the decision for the appointment and tenure of CEO and Board of Directors.
- To seek approval from Nepal Rastra Bank, Company Registrar Office and other concerned authority.
