Nepal Stock Exchange (Nepse) has adjusted stock price of Asian Life Insurance Company Limited for 60% right share.
The Adjusted Price is Rs.375 for 60% right share. Its Average base price is Rs.615.50. Price before book close Rs.540
Adjustment formula = Price before book close + 100 x right share% / 1 + right share%
The company will issue 10:06 or 7,540,352.73 of share at the rate of Rs.100 soon.
