KATHMANDU, March 1: Lumbini General Insurance Company Ltd (LGICL) has appointed CBIL Capital Ltd as the issue manager for its rights issue. Issuing a statement, the insurance company said that it appointed CBIL Capital Ltd to float its 1:1 rights issue.
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CBIL Capital to float Lumbini General Insurance's rights issue
Noor Prakash Pradhan, CEO of LGICL and Samir Prasad Dahal, CEO of CBIL Capital Ltd signed the memorandum of understanding (MoU) for their respective companies on Tuesday, according to the statement.
