Bid opening of Asian Life Insurance auction tomorrow

June 27, 2019 | Investopaper

Asian Life Insurance published a notice regarding opening of the auction bids. The auction bids open tomorrow (Ashad 13, 2076) after 9:30 AM. Likewise, the place for the opening of the bids is NIBL Ace Capital Limited, Lazimpat.

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The company issued the right share from Chaitra 25, 2075 to Baisakh 29, 2076. After that, Asian Life auctioned the unsold right share from Ashad 1, 2076 to Ashad 8, 2076.

The company will meet the capital requirement of Rs. 200 crores after the completion of the auction process.



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