Nepal, Jan. 5 -- To move the merger forward, the joint merger committee appointed an evaluator to assess the assets, liabilities, and business operations of both institutions. The evaluator has submitted the valuation report.
Pokhara Finance and Samriddhi Finance have entered into a merger process with a 1:1 share swap ratio, as determined by the joint merger committee.
The two finance companies had signed a memorandum of understanding in Shrawan (mid-July) to merge.
To move the merger forward, the joint merger committee appointed an evaluator to assess the assets, liabilities, and business operations of both institutions. The evaluator has submitted the valuation report.
Based on the joint merger report, the board of directors of Samr...
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