Kathmandu. Asian Life Insurance Company Limited (LIC) will sell 1,55,371 units of promoter shares to its shareholders. The company has published a 35-day notice regarding the sale of promoter shares.

According to the ‘Promoter Share Transaction Directive of the Insurer, 2077’ issued by the Nepal Insurance Authority, the existing promoter shareholders should be given priority while purchasing the promoter shares.

Therefore, the promoter shareholders who are interested in purchasing the said shares should submit application along with necessary documents and proofs to the central office of the company, Maitidevi, Kathmandu within 35 days from the date of publication of this notice.

The issue price of the promoter shares will be as determined by the seller.