Kathmandu. Asian Life Insurance Company is selling more than 350,000 units of undistributed right shares.
The company had sold 42 per cent of its paid-up capital i.e. 1:0.42 right shares to its shareholders from July 28 to July 30. The company is going to open the sale of 358,512.48 units of shares that were not sold at that time through the auction process from September 15.
Out of the total offered units, 328,473.91 units of the general group and 30,038.57 units of the founder group are on sale. Interested individuals, organizations and companies can bid for the purchase of this share.
The minimum price of the shares has been fixed at Rs 100. At the time of submission of bids, the minimum price or more will have to be bidding.
Applications can be made for a minimum of 1,000 units of shares of the founding group and a minimum of 100 units for the purchase of shares of the general group. Bids can be submitted for this share till September 15.
The bids can be submitted at muktinath capital’s naxal office as well as muktinath bikas bank branches thimi, kumaripati, birtamode, biratnagar, birgunj, janakpur, hetauda, narayangadh, pokhara, baglung, butwal, ghorahi, Nepalgunj, Birendranagar, Dhangadhi and Mahendranagar.
