Asian Life Insurance Company has announced book close for 60% right share issuance.
The book will be close on 22 Falgun 2075. Those shareholder who get registered in the book within 21 Falgun or one day before book close will be eligible to apply for right share.
The company will be issuing 10:06 or 7,540,352.73 of share at the rate of Rs.100.
NIBL Ace Capital Limited has been appointed as issue manager for right issue.
Currently its paid up capital is Rs.1.25 arba. After right share issue, paid up capital will reach to Rs.2.01 arba.
