Medicare Hospital to Issue IPO, Calls Special General Meeting

Medicare Hospital, located in Chabahil, has announced plans to issue an Initial Public Offering (IPO) to the public. The company has called a special general meeting to approve the IPO issuance proposal, scheduled for March 23, 2025.

The special meeting will feature several key agendas, including amendments to the company’s memorandum and articles of association, changes to the face value of shares for the IPO issuance, decisions on the utilization of funds raised through the IPO, and authorization to the board of directors for any further necessary amendments to the memorandum and articles if required.

Situated in Chabahil, Medicare Hospital is expected to use the capital raised from the IPO to expand and enhance its healthcare services. Following approval at the meeting, the company will proceed with obtaining necessary regulatory approvals to advance the IPO process.