Nepal, June 6 -- RKD Holdings is set to issue an Initial Public Offering (IPO). The company has called its Annual General Meeting (AGM) for June 18 to pass the proposal for the IPO.

The meeting will present three ordinary and ten special proposals. The company plans to amend its memorandum and articles of association and revise its capital structure.

Related story Purwanchal Lube Oil to issue IPO

RKD Holdings plans to issue shares equivalent to 21 percent of its issued capital. The AGM will also propose granting authority to the board of directors to carry out all tasks related to the IPO issuance.

Published by HT Digital Content Services with permission from Republica....