Here are the minutes of the 16th Annual General Meeting of Asian Life Insurance

Kathmandu: The 16th Annual General Meeting of Asian Life Insurance Company Limited has been completed on 1 March, 2024 A.D (18th of Falgun. The assembly passed a resolution regarding the distribution of 7.75 percent bonus shares of the company’s current paid-up capital and 0.4078 percent cash dividend required for tax has been proposed.

Similarly, the proposal to issue right shares in the ratio of 42 percent (1:0.42) of the paid-up capital retained after the distribution of 7.75 percent bonus shares has also been passed.

The meeting approved the agenda for the approval of bonus shares and rights shares to the extent issued and paid-up capital.