Life Insurance Companies are Preparing to Buy Shares of Ncell under Long-Term Investment

Kathmandu: Insurance companies are preparing to buy shares of Ncell under long-term investment. One of the CEO has informed Beemapost that there is a discussion about buying the shares of Ncell by the currently operating life insurance companies by paying a price of more than 6.5 billion rupees.

The topic of Ncell’s share purchase is going on among the chief executive officers (CEOs) of life insurance companies. If the authority allows then insurance companies are ready to buy shares of Ncell.

Discussions are going on between the CEOs of the life insurance companies  that are currently in operation about jointly investing in the Ncell. Life insurance companies are looking for areas of long-term investment as the funds in long-term funds, including life insurance funds, are increasing.

Because it is an excellent option for long-term investment for insurance companies, the regulatory body Insurance Authority is also positive about it.