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<p style="text-align:justify">“Asian Life will provide bonus share of Rs 135 million from the distributable profit of the FY 2072/73,” said Rajesh Kumar Shrestha, CEO of the company. Moreover, the company will also float 2:1 right shares of the paid-up capital maintained after distribution of bonus share. “The paid-up capital will reach Rs 805.5 million after bonus share distribution. Similarly, it will reach Rs 1.20 billion after right share issuance,” he added.</p>
<p style="text-align:justify">In the AGM, Bijay Kumar Sarawagi, Chairman of the company presented annual report of the FY 2071/72 and 2072/73.”In the nine years of its operation, Asian Life has build life insurance fund of Rs 8.83 billion and has invested Rs 8.66 billion,” informed Sarawagi. He also pointed out that the company has earned Rs 1.39 billion insurance premium by the mid-March of 2017.</p>
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<p style="text-align:justify">“Asian Life will provide bonus share of Rs 135 million from the distributable profit of the FY 2072/73,” said Rajesh Kumar Shrestha, CEO of the company. Moreover, the company will also float 2:1 right shares of the paid-up capital maintained after distribution of bonus share. “The paid-up capital will reach Rs 805.5 million after bonus share distribution. Similarly, it will reach Rs 1.20 billion after right share issuance,” he added.</p>
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<p style="text-align:justify">“Asian Life will provide bonus share of Rs 135 million from the distributable profit of the FY 2072/73,” said Rajesh Kumar Shrestha, CEO of the company. Moreover, the company will also float 2:1 right shares of the paid-up capital maintained after distribution of bonus share. “The paid-up capital will reach Rs 805.5 million after bonus share distribution. Similarly, it will reach Rs 1.20 billion after right share issuance,” he added.</p>
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March 31: Asian Life Insurance is distributing bonus share worth Rs 135 million to its shareholders. The 8th and 9th annual general meeting of the company held in Birgunj on March 30 approved a proposal regarding the matter.
“Asian Life will provide bonus share of Rs 135 million from the distributable profit of the FY 2072/73,” said Rajesh Kumar Shrestha, CEO of the company. Moreover, the company will also float 2:1 right shares of the paid-up capital maintained after distribution of bonus share. “The paid-up capital will reach Rs 805.5 million after bonus share distribution. Similarly, it will reach Rs 1.20 billion after right share issuance,” he added.
In the AGM, Bijay Kumar Sarawagi, Chairman of the company presented annual report of the FY 2071/72 and 2072/73.”In the nine years of its operation, Asian Life has build life insurance fund of Rs 8.83 billion and has invested Rs 8.66 billion,” informed Sarawagi. He also pointed out that the company has earned Rs 1.39 billion insurance premium by the mid-March of 2017.
Meanwhile, Sarawagi has been, once again, elected as Chairman of the company for next four years. It will be his third tenure as a Chairman.
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<p style="text-align:justify">“Asian Life will provide bonus share of Rs 135 million from the distributable profit of the FY 2072/73,” said Rajesh Kumar Shrestha, CEO of the company. Moreover, the company will also float 2:1 right shares of the paid-up capital maintained after distribution of bonus share. “The paid-up capital will reach Rs 805.5 million after bonus share distribution. Similarly, it will reach Rs 1.20 billion after right share issuance,” he added.</p>
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<p style="text-align:justify">Meanwhile, Sarawagi has been, once again, elected as Chairman of the company for next four years. It will be his third tenure as a Chairman. </p>
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<p style="text-align:justify">“Asian Life will provide bonus share of Rs 135 million from the distributable profit of the FY 2072/73,” said Rajesh Kumar Shrestha, CEO of the company. Moreover, the company will also float 2:1 right shares of the paid-up capital maintained after distribution of bonus share. “The paid-up capital will reach Rs 805.5 million after bonus share distribution. Similarly, it will reach Rs 1.20 billion after right share issuance,” he added.</p>
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<p style="text-align:justify">“Asian Life will provide bonus share of Rs 135 million from the distributable profit of the FY 2072/73,” said Rajesh Kumar Shrestha, CEO of the company. Moreover, the company will also float 2:1 right shares of the paid-up capital maintained after distribution of bonus share. “The paid-up capital will reach Rs 805.5 million after bonus share distribution. Similarly, it will reach Rs 1.20 billion after right share issuance,” he added.</p>
<p style="text-align:justify">In the AGM, Bijay Kumar Sarawagi, Chairman of the company presented annual report of the FY 2071/72 and 2072/73.”In the nine years of its operation, Asian Life has build life insurance fund of Rs 8.83 billion and has invested Rs 8.66 billion,” informed Sarawagi. He also pointed out that the company has earned Rs 1.39 billion insurance premium by the mid-March of 2017.</p>
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<p style="text-align:justify">“Asian Life will provide bonus share of Rs 135 million from the distributable profit of the FY 2072/73,” said Rajesh Kumar Shrestha, CEO of the company. Moreover, the company will also float 2:1 right shares of the paid-up capital maintained after distribution of bonus share. “The paid-up capital will reach Rs 805.5 million after bonus share distribution. Similarly, it will reach Rs 1.20 billion after right share issuance,” he added.</p>
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