Our Core Mandate
GNY engages in commercial and investment activities such as asset management, securities trading and fundraising for investments across various asset classes within Bhutan and beyond for a diversified portfolio.
Security Trading
Fundraising
Asset Management
Profit generated from operations is channelled back to the Zhung Dratshang in the form of dividends.
The Zhung Dratshang utilizes these funds for the conduct of Duechoe, Kuchoe Boomdey, Tenchey Kurim, , and essential ceremonies that contribute to the security, peace, and unity of the Tsa-wa-sum.
With a strategic and forward-thinking approach, GNY is dedicated to safeguarding and enhancing the values of the Zhung Dratshang’s assets while ensuring proper utilization.
This commitment underscores its dedication to preserving and advancing religious initiatives for the future.
Our Journey thus far
Milestone Achievement of GNY
Royal Charter
30 April 2023
His Majesty The Druk Gyalpo granted the Royal Charter institutionalizing Gerab Nyed-Yon as an autonomous entity to manage the assets and investments of the Zhung Dratshang.
Appointment of Board of Directors
26 July 2023
On the recommendation of the Advisory Panel, Dhuenmang Lhentshog appointed a seven membered Board of Directors including the CEO. Dasho Karma Yonten was appointed as the Founding Chairman of the Board.
Operationalization of GNY
1 October 2023
GNY started its commercial operation from its corporate head office located at Simtokha, Thimphu . Mr. Sangay Dendup was appointed as the Founding CEO of the company.
Company registration
12 December 2023
Gerab Nyed-Yon Limited was registered under the Companies Act of Bhutan 2016.
Handing taking of land and landed properties
March 2024
Completed the first phase of handing-taking over of land and landed properties in the five core towns of Thimphu, Paro, Punakha, Wangdue Phodrang and Chukha.
First Annual General Meeting
26 March 2024
The first Annual General Meeting of Gerab Nyed-Yon Limited was held at White Tara hotel. His Eminence Leytshog Lopen, His Eminence Tshogi Lopen and senior monks from Zhung Dratshang and Rabdeys representing the shareholder attended the meeting.
Transfer of Ownership of Financial Assets
2 April 2024
Completed transfer of ownership of shares held by Zhung Drasthang in other companies.
ERP System and Website Launched
18 April 2024
Coinciding with Zhabdrung Kurchoe, GNY launched its Enterprise Resource Planning (ERP) system developed by Zealous Systems and company website developed by Bhutan Spyders.
