When is GBIME going to restart its trading again in the secondary market? And when will the merger process get completed?
View on r/NepalStock by bitminer_626
Poush ko end samma merger ma janey company harule meger process sakkayera joint karobar suru garee saknu parcha.
After merger. From interviews, joint operations will begin by mangsir 1st
After tihar the merger rule will implemented is the news let’s see when will it be implemented
If implemented then after tihar it can open
There is no definite answer to this one. Some companies have taken 1+ years to complete the merger, while some less than 6 months.
NRB recently gave the attorney to SEBON to determine if companies under merger and/or acquisition need to halt their trading in NEPSE. So, the ball is now in SEBON’s court to determine how to proceed things forward. I have a feeling that rules will be relaxed – for example, in India similar scenarios are handled without halt in trading, except for a couple of days(AFAICT).
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