Thamel Plaza Hotel & Suites Opens 70.30% Rights Share Issuance

Thamel Plaza Hotel & Suites has opened the issuance and sale of 70.30% rights shares. Following the special general meeting held on Jestha 19, the company announced that it has integrated the previously issued 20% rights shares and is now opening the rights shares for its founder shareholders from Jestha 21. The rights shares will be open for purchase until Shrawan 23.

Rights Share Details

The company is issuing rights shares to its founders before issuing an IPO to the public. The special general meeting held on Jestha 19 decided to proceed with the IPO issuance.

Founder shareholders interested in purchasing the rights shares must contact the company's registered office. The purpose of this rights share issuance is to strengthen the company's capital base and prepare for the upcoming IPO process.

This move will help the company raise the necessary capital and make shares available to the public in the future. Thamel Plaza Hotel & Suites aims to enhance its financial stability and invest in new projects through this rights share issuance.