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National Life

Asian Life Insurance’s book clause date fixed for issue of right shares

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Kathmandu. Asian Life Insurance Company has fixed the book closure date for the issue of right shares. The company has decided to close the book of ‘{TAG_OPEN_span_6 TAG_CLOSE_span_5}} for the issue of 42 percent right shares on May 16.

With the date of book closure fixed, only shareholders will be able to apply for the right shares of the company as it is a public holiday till May 15.

The company has received approval from the Securities Board of Nepal to issue 142,79,312.48 units of right shares at a face value of Rs 100 per share in the ratio of 1:0.42.

GBIME

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