Asian Life Insurance amends the dividend ; to issue 6% bonus shares to shareholders
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The 124th BoD meeting held on 12th Baisakh has amended the dividend for the shareholders. The company has now proposed 6% bonus shares along with cash dividend for tax purpose. The disapproval of former proposed dividend of 12% bonus shares, by insurance board has resulted in ammendment.
However, the newly proposed dividend is still subject to approval from Insurance board and company's AGM.