Are you looking for a lucrative investment opportunity in the Nepali stock market? Look no further! Today marks the start of the public offering for unsubscribed rights shares of Asian Life Insurance Company Limited. This is your chance to grab a piece of the action!
Previously, Asian Life Insurance offered a rights issue in the ratio of 1:0.40 from July 9th to August 5th, 2024. Now, the company is putting the remaining 358,512.48 unsubscribed shares up for auction through a public auction. This is a prime opportunity for both experienced investors and those new to the stock market to diversify their investment portfolio.
What You Need to Know About the Asian Life Insurance Share Auction
A total of 30,038.57 shares are available for the promoter group, with a substantial 328,473.91 shares allocated to the general public. The minimum share price for bidding is set at just Rs. 100 per share – making this an accessible investment for many. When submitting your bid, you can apply for a minimum of 1,000 shares. There is no limit to the maximum number of shares you can buy.
How to Apply for Asian Life Insurance Shares
Ready to invest in Asian Life Insurance? Applications are now open! You can submit your application through Muktinath Capital’s Nakshal office. Also, you can apply through the following branches of Muktinath Bikas Bank: Thimi, Kumaripati, Birtamod, Biratnagar, Birgunj, Janakpur, Hetauda, Narayanghat, Pokhara, Baglung, Butwal, Dang, Nepalgunj, Dhangadhi, and Mahendranagar.
The application deadline is September 13th, 2024. Don’t miss out on this valuable chance to acquire Asian Life Insurance shares! This is a great chance to participate in the Nepali stock market’s growth!
Disclaimer: Investing in the stock market carries risks. Make sure to perform your own due diligence and consider seeking financial advice before making any investment decisions.
