Kathmandu. The Securities Board of Nepal (SEBI) has approved the issue of units of ‘Global IME Promotion Scheme-2’ to be operated under the Global IME Mutual Fund.
Global IME Capital, the scheme manager, has received approval from the Securities Board to issue a unit worth Rs 1.2 billion. Now Capital will issue a total of 120 million units at a face value of Rs 10.
Global IME Bank is the fund promoter of the scheme while Global IME Capital is the securities sales manager.
