Super Madi Hydropower to Proceed With Acquisition of Tanting Investment Company
Summary
Super Madi Hydropower Limited has decided to proceed with acquiring Tanting Investment Company Limited, initiating the process with a signed MoU in line with merger regulations.
Key Points
- Super Madi Hydropower Limited's Board decided on 28 Kartik 2082 BS to proceed with acquiring Tanting Investment Company Limited.
- The acquisition process will begin with signing a Memorandum of Understanding (MoU) between the two companies.
- The merger will follow the Merger and Acquisition Regulations, 2079.
- Tanting Investment Company Limited is a shareholder of Super Madi Hydropower Limited and not a listed company.
