Global IME Capital Auctioning Shares Held By Global IME Samunnat Scheme 1 From Today

Mon, Jul 31, 2023 12:37 PM on Latest, Auction, Mutual Fund,

Global IME Bank Limited, as the Fund Manager, and Global IME Capital, under its operation, have matured the Global IME Samunnat Scheme 1 on the date of Chaitra 11, 2079.

As per the directive received from Nepal Stock Exchange Ltd. on Baisakh 2, 2080, the investments held under the name of the scheme as per Sub-Rule (3) of Rule 32 of the Collective Investment Fund Regulation, 2067, will be converted into cash within three months and distributed back to unit-holders in proportion to their ownership. In this regard, a majority of shares listed on Nepal Stock Exchange Ltd. under the name of this mutual fund scheme have been sold. However, some shares/debentures/mutual funds are yet to be sold, as well as some are still pending to be listed, along with the applicable bonus and rights shares, and shares with undetermined value, will be sold through an auction from today i.e. on 15th Shrawan to 21st Shrawan, 2080.

Interested individuals, firms, companies, organizations, etc. willing to purchase the shares/debentures/mutual funds are requested to submit their bids indicating the price per unit within 7 days from the date of this publication i.e. on the 21st Shrawan.

Notice