Manakamana Engineering Hydropower Calls SGM on March 1 to Approve Right Share

Summary

Manakamana Engineering Hydropower Limited has scheduled a special general meeting on March 1 to approve the issuance of right shares in a revised ratio of 1:0.7714.

Key Points
  • Manakamana Engineering Hydropower Limited has called a special general meeting for March 1.
  • The meeting aims to endorse the issuance of right shares.
  • The original right share ratio proposed was 1:1, but the Electricity Regulatory Commission approved a revised ratio of 1:0.7714.
  • The company issued the meeting notice following a board decision on February 12.
Article image