Sanima GIC Insurance, Citizens Capital ink deal

KATHMANDU, JULY 1: A Right Share Issue Management Agreement was signed today between Sanima GIC Insurance Limited and Citizens Capital Limited in a program held at Tangal, Kathmandu

. The agreement was signed by  Sudyumna Prasad Upadhyaya, Chief Executive Officer (CEO) of Sanima GIC Insurance and Sabir Bade Shrestha, CEO of Citizens Capital, on behalf of their respective organisations.

As per the agreement, Citizens Capital Limited (A subsidiary of Citizens Bank International Limited) will manage 5 million units of the right issue of the Sanima GIC Insurance Limited.