KATHMANDU, Sept 1: Global IME Capital Ltd and Chhyangdi Hydropower Pvt Ltd (CHPL) have signed an agreement to issue primary shares of the hydropower company.
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Issuing a press release on Monday, Global IME Capital said that it signed an agreement with the CHPL to work as the issue manager for hydropower company's initial public offering (IPO).
CHPL is floating 720,000 units of primary shares to the public at face value of Rs 100. Established in September 2, 2007, the hydropower company is developing Channdi Khola hydropower project (2 MW) in Lamjung district.
