ALICO to distribute bonus share worth Rs. 38 million

BIRGUNJ, FEB 04: 

Asian Life Insurance Company (ALICO) has decided to distribute the 8.29 per cent bonus share. The Fifth Annual General Meeting of the insurance company held in Birgunj has decided to distribute the bonus share worth Rs. 38 million that is equal to 8.29 per cent of the paid up capital last year.

The ALIC has earned Rs. 564.5 million until January 30 in the current fiscal year, said General Manager of the Rajesh Kumar Shrestha. It has been providing services from its 20 branches and 66 sub-branches across the country. 

Source: THT