Who Really Owns Global IME Bank Chandra Prasad Dhakal or 450,000 Shareholders?

Who Really Owns Global IME Bank Chandra Prasad Dhakal or 450,000 Shareholders?

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These days, rumors are circulating that Global IME Bank, with 450,000 shareholders, is facing financial trouble. You may have heard such rumors on various social media platforms. The question arises: Is Global IME Bank really in trouble and is it solely owned by Chandraprasad Dhakal, the chairman?

The main reason behind these rumors is the controversy surrounding the cable car project in Taplejung’s Pathibhara, with IME Group and its chairman, Chandraprasad Dhakal, as the major investors. However, according to the circulating rumors, is Global IME Bank solely Dhakal’s property? The answer is no.

Currently, the bank’s total paid-up capital is NPR 38.11 billion. The nominal value of each share is NPR 100. This means the company has issued or sold a total of 38.11 million shares. These shares are distributed among the founding group, other investors, and the general public.

The founding group owns 51.24% of the shares, while 48.74% is held by the general public. However, out of the total shares, Chandraprasad Dhakal owns only 9.05 million shares, which amounts to NPR 905.67 million. This is only 2.36% of the total shares.

This means that compared to Dhakal, the general public holds significantly more shares and investment in the bank. Therefore, Global IME Bank is not owned solely by Chandraprasad Dhakal. In the event of financial difficulties, the general public would be the most affected, as they hold a larger portion of the shares.