Tag: Asian

  • Last Day for HRL and Asian Life Insurance Dividend Grab

    Last Day for HRL and Asian Life Insurance Dividend Grab


    Today marks the deadline to avail the 5.789% dividend offered by Himalayan Reinsurance Limited (HRL). The company has scheduled its 3rd Annual General Meeting (AGM) for 20th Falgun, 2080, to be held at Rastriya Sabha Griha, Pradarshani Marg, Kathmandu, starting at 11:00 AM.

    In the 55th board meeting held on Magh 25, it was decided to distribute dividends based on the paid-up capital of Rs. 10 Arba. The proposal includes 4% bonus shares and a 0.21% cash dividend (for tax purposes). This translates to bonus shares valued at Rs. 40 crores and a cash dividend of Rs. 2.10 crores.

     

  • AGM Called by Asian Life Insurance to Discuss Right Issuance and Dividend Proposal

    AGM Called by Asian Life Insurance to Discuss Right Issuance and Dividend Proposal


    Asian Life Insurance Company Limited (ALICL) has scheduled its 16th Annual General Meeting (AGM) for the 18th of Falgun, 2080. The meeting will take place at Hotel Classic Plaza in Simara, Bara, starting at 11:30 AM on that day.

    Among the agenda items, the AGM will approve the issuance of right shares and declare an 8.1578% dividend for the fiscal year 2079/80. In a board meeting held on Magh 12, the board of directors decided to distribute 7.75% bonus shares and a 0.4078% cash dividend (for tax purposes). The bonus shares are valued at Rs. 24.45 crores, while the cash dividend amounts to slightly over Rs. 1.28 crores. ALICL’s current paid-up capital stands at Rs. 3.15 billion.

     

  • Asian Life Insurance Plans 42% Right Shares Post Bonus Adjustment for Capital Needs

    Asian Life Insurance Plans 42% Right Shares Post Bonus Adjustment for Capital Needs


     

    Asian Life Insurance Company Limited (ALICL) has decided to issue 42% right shares after adjustments, as confirmed in their Board of Directors meeting on Friday, Magh 19. This adjustment takes into account the allocation of 7.75% bonus shares from the current paid-up capital of Rs. 3.15 Arba. With the inclusion of bonus shares, the enhanced paid-up capital will amount to Rs. 3.39 Crores.

    In the 188th board meeting on Magh 12, ALICL’s directors proposed the distribution of 7.75% bonus shares valued at Rs. 24.45 crores. Additionally, a 0.4078% cash dividend, intended for tax purposes, will be disbursed, totaling slightly over Rs. 1.28 crores.

     

  • How is Broker No. 43; South Asian Bulls? Any bad experiences?

    How is Broker No. 43; South Asian Bulls? Any bad experiences?


    Overall services ani staff ko friendliness kasto xa? Paisa haldine time? Phone kati ko uthauxa?? etc type ko. If you have worked with this broker or are working with this one? Experience haru share gardinu paryo?

    View on r/NepalStock by [deleted]

  • Asian Life Insurance Company Limited Lists 24,71,894.42 Unit Bonus Shares on NEPSE, LTP at Rs. 695

    Asian Life Insurance Company Limited Lists 24,71,894.42 Unit Bonus Shares on NEPSE, LTP at Rs. 695


    Asian Life Insurance Company Limited (ALICL) has successfully listed 24,71,894.42 unit bonus shares on the NEPSE (Nepal Stock Exchange). The company’s 15th Annual General Meeting (AGM), held on the 18th of Baisakh, approved an 8.947% dividend for the fiscal year 2078/79. Subsequently, in a meeting of the board of directors held on Falgun 30, it was decided to distribute 8.50% bonus shares valued at Rs. 24.71 crores and a 0.447% cash dividend (for tax purposes) valued at a little over Rs. 1.30 crores. These dividends were proposed from the paid-up capital of Rs. 2.90 Arba.

    Following the listing, the bonus shares of ALICL are now available for trading on the NEPSE. As of the current market data, the Last Traded Price (LTP) of ALICL stands at Rs. 695. Investors and traders can actively participate in the buying and selling of these shares in the stock market.

    The listing of the bonus shares on the NEPSE provides an opportunity for investors to benefit from the additional shares distributed by Asian Life Insurance Company Limited. It allows shareholders to enhance their ownership in the company and potentially realize gains as the company progresses.

  • Reminder! Last Day to Claim Asian Life Insurance Company’s Dividend

    Reminder! Last Day to Claim Asian Life Insurance Company’s Dividend


     

    Today is the last day to claim the Asian Life Insurance Company Limited (ALICL) dividend.

    The corporation has scheduled its 15th Annual General Meeting for the 18th of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day in Hotel Classic Simara, Bara.

     

  • Asian Life Insurance will support the 8.947% dividend.

    Asian Life Insurance will support the 8.947% dividend.


     

    Asian Life Insurance Company Limited (ALICL) has scheduled its 15th Annual General Meeting for the 18th of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day in Hotel Classic Simara, Bara.

    Among the other items on the agenda, the AGM will approve an 8.947% dividend of Rs. 26.01 crores for fiscal year 2078/79. The board of directors decided today (Falgun 30) to distribute 8.50% bonus shares and a 0.447% cash dividend (for tax purposes). The value of the bonus shares is Rs. 24.71 crores, and the cash dividend is slightly more than Rs. 1.30 crores. ALICL’s current paid-up capital is Rs. 2.90 Arba.

     

  • Economic growth is expected to slow to 4.1% in 2023, with inflation remaining at 7.4%, according to the Asian Development Bank.

    Economic growth is expected to slow to 4.1% in 2023, with inflation remaining at 7.4%, according to the Asian Development Bank.


     

    The Asian Development Bank (ADB) forecasts 4.1 percent economic growth in Nepal in 2023, with inflation at 7.4 percent.

    According to the April 2023 Asian Development Outlook (ADO), Nepal’s economic growth rate is expected to slow in 2023 compared to last year due to tight monetary policy, sluggish domestic demand, the unwinding of pandemic stimulus, and persistent global headwinds.