NIC Asia auctioning 2.21 crore mutual fund units & 65,000 units National Life Insurance (promoter) shares

NIC Asia Bank Limited (NICA) has published a notice regarding auction of mutual fund units and shares owned by the commercial bank. The bank is auctioning 22,141,480 units of 8 mutual funds and 65,000 promoter shares of National Life Insurance Company Limited.  The auction will last only for three days. Interested investors can bid for the following auctioned mutual funds’ units and the promoter shares at the bank’s Treasury Department, Thapathali within three days of the publication of the notice.