Citizen Life Insurance's 2.793 Million Shares Up for Sale
Citizen Life Insurance Company has put 2,793,361 shares held in the names of founding shareholders up for sale. For now, only existing founding shareholders can apply to purchase them within 35 days.
Kathmandu — Citizen Life Insurance Company has put 2,793,361 shares held in the names of founding shareholders up for sale.
According to the company, for now only existing founding shareholders will be allowed to apply to purchase these shares. Interested founding shareholders can submit their applications within 35 days at the company's registered office located in Thapathali, Kathmandu.
If no applications are received from founding shareholders within the stipulated period, the company has stated that the shares will be opened for sale to other individuals and institutions.