Premier Insurance Appoints NMB Capital as its Issue Manager

December 11: Premier Insurance Company (Nepal) has appointed NMB Capital as its Issue Manger for its upcoming further public offering (FPO).Sudhumna Prasad Upadhya, CEO of Premier and Srijesh Ghimire, CEO of NMB Capital signed an agreement regarding the matter amid a program on December 9.

Premier Insurance informed that the FPO will be issued in premium rate with the face value of Rs 100.  According to the company, the promoter and general share proportion will set at 51:49 after the issuance of FPO.