IME Limited plans to issue shares to the general public (IPO).
IME Ltd. is present in 200 countries and has networks spanning over 1 million locations around the world. It was established 23 years ago and currently employs more than 5000 people.
The 22nd Annual General Meeting (AGM) of the company held on Mangsir 1 6, 2079 BS has endorsed the agenda of issuing an IPO.
Now, after the approval from the AGM, the company will begin the procedures for the public offering. First, it must appoint an issue and sales manager for the IPO. Then, the company has to submit the application to the Securities Board Of Nepal (SEBON). Only after approval from the regulatory body SEBON, the hydropower can issue the shares to the public. IME Limited provides remittance services from more than 200 countries and networks spanned over 1 million locations around the world.