Asian Life Insurance Company is auctioning unsold right shares of 98,246.20 units from today; 10 Jestha 2075. Auction will be closed on 17 Jestha 2075,
It had issued 2:1 (50%) 40, 27,966.20 units right shares at a par value of Rs 100 per unit to its shareholders from Falgun 13, 2074.
NIBL ACE Capital limited is issue manager for the auction shares.
Interested bidder must bid minimum 100 units of share quoting price Rs.100 or more than Rs.100.
The company has urged the bidders submit the bid amount in A/C no 0010017386400001 of Kumari Bank in the name of NIBL Ace Capital Limited.
Its paid up capital will reach to Rs.1.20 arba after 50% right adjustment.
Last trading price stood at Rs.769.
