EFG Hermes ke Board of Directors ne Company aur Intermarket Securities Limited (IMS) ke darmiyan ek scheme of Arrangement ko approve kia he.
Is Scheme ke mutabiq, EFG Hermes ki sari entire business and undertaking (including all its assets, rights, liabilities, and obligations) IMS ke sath merge kar di jaeynegy, or sath hy EFG Hermes ka naam “Intermarket Securities Limited” kar diya jayega. Har 1 IMS share ke liye, 2.16 EFG Hermes ke shares diye jayenge.
Yeh faisla zaroori corporate aur regulatory formalties ke mukammal hone ke baad amal mein aayega, aur High Court ki manzoori ke baad taeed kiya jayega.