Indra Bahadur Thapa conditional binding offer to acquire Nepal Operations of Silver Heritage Group Limited (ASX:SVH) for an enterprise value of $33.9 million on July 31, 2019. Under the terms, the equity value will be of $20 million and $13.9 million lending facility which will be assumed by the buyer. The transaction is subject to due diligence investigation, execution of definitive agreement, shareholders approval and board approval. As of February 25, 2020, the transaction is being investigated by Department of Money Laundering Investigation. Union Gaming acted as exclusive financial advisor for Silver Heritage. Indra Bahadur Thapa cancelled the acquiistion of Nepal Operations of Silver Heritage Group Limited (ASX:SVH) on July 31, 2020.