The finance has listed a special proposal of canceling 180 percent right issue endorsed by its 21st AGM through its upcoming AGM following the acquisition agreement with Global IME Bank.
Hathway Finance is being acquired by Global IME Bank (GBIME). Both financial institutions signed an agreement paper regarding the acquisition on March 14. The swap ratio for the acquisition will be decided as per DDA report.
For the AGM, the company is closing its book on March 27-29, thus, the shareholders registered in its book till March 26 will be eligible to attend the AGM.
