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Asian Life’s General Assembly concludes, approves proposed dividend

SPIL
Global College
Nepal Life New

Kathmandu. Asian Life Insurance Company (ALIC) has concluded its 17th Annual General Meeting (AGM). The meeting was held at Hotel Ichchha in Simara, Bara.

Last fiscal year 2080. It has approved a total dividend of 5.3684 percent of the current paid-up capital proposed for 81. This includes 5.10 per cent bonus shares and 0.2684 per cent cash dividend for tax purposes.

Crest

Similarly TAG_OPEN_div_18, the financial year 2080/81 (as per NFRS) has been passed after discussion on the balance sheet, profit÷ loss account, cash flow statement for the same period and the schedules related to it.

TAG_OPEN_div_16 Deepak Kumar Shrestha, Sushant Chachan and Achyut Raj Sapkota from Group A and Shourabh Rungta and Shila Rajbhandari have been unanimously elected to the board of directors representing group B.

The General Assembly has also passed TAG_OPEN_div_15 a resolution regarding appointment of auditors and determination of their remuneration for the financial year 2081/82.

A resolution TAG_OPEN_div_13 has also been passed to amend the company’s management letter and regulations to implement the decision of the General Assembly and to amend the management letter and regulations from the concerned body and to implement the directives received.

Deepak Kumar Shrestha TAG_OPEN_div_11 has been elected unopposed to the post of Chairman by the new Board of Directors elected from the General Assembly. The meeting also decided to nominate Hem Bahadur Karki to the post of independent director of the board of directors.

 

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