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Oman News

Creditors objecting HSBC Oman’s merger asked to file supporting documents

In a disclosure on Muscat Stock Exchange (MSX), HSBC Bank Oman has called on creditors who have objections to its merger with Sohar International Bank to submit supporting documents

TAS News Service

info@thearabianstories.com

Sunday, June 25, 2023

Muscat – ‘Further to the resolutions passed at the Extraordinary General Meetings of HSBC Oman and Sohar International approving the Merger and respective disclosures published on 20 and 22 June 2023, in accordance with Article 37 of the Commercial Companies Law (Royal Decree No. 18/2019), any creditor of HSBC Oman who has an objection to the Merger is invited to submit their objection with the supporting documents within thirty (30) days from the date of this disclosure to the Secretariat of the Commercial Registry at the Ministry of Commerce, Industry and Investment Promotion,’ stated the announcement.

The copy of objection needs to be filed within the stipulated date with the Capital Market Authority, and HSBC Oman.

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