Lumbini General Insurance to issue rights shares from Feb 3
Jan. 16, 2014, 8:52 a.m.
Kathmandu, Jan 16 – Lumbini General Insurance Company Limited is issuing 9.65 lakh units of 10:6.29 ratio right shares from February 3.
The rights issue of the face value Rs 100 will close on March 9, according to a notice issued by the insurance company today. It had announced the book closure for the rights shares from today.
Ace Capital Limited is the issue manager.
Lumbini General Insurance Company had posted a net profit of Rs 4.13 crore in the last fiscal year of 2069/70, and went on to register additional profit of Rs 77.3 lakh in the 1st quarter of the fiscal year 2070/71.
Source: Sharesansar
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