{"id":1011,"date":"2018-04-20T07:57:46","date_gmt":"2018-04-20T07:57:46","guid":{"rendered":"http:\/\/citizenlifenepal.com\/np\/?p=1011"},"modified":"2019-02-15T07:59:37","modified_gmt":"2019-02-15T07:59:37","slug":"citizen-life-insurances-conducted-1st-agm-discussion-about-endorsement-of-ipo-under-one-of-the-main-agendas","status":"publish","type":"post","link":"https:\/\/citizenlifenepal.com\/np\/?p=1011","title":{"rendered":"Citizen Life Insurance&#8217;s conducted 1st AGM; Discussion about endorsement of IPO under one of the main agendas"},"content":{"rendered":"<p>Citizen Life Insurance Company Limited conducted its 1<sup>st<\/sup>\u00a0Annual General Meeting (AGM) today (Baishakh 7, 2075). The AGM was held at Shikhar Biz Center, Thapathali, Kathmandu at 1:00 PM.<\/p>\n<p>The main agendas of the AGM were:<\/p>\n<ul>\n<li>To endorse IPO issue<\/li>\n<li>To amend the Memorandum of Association (MOA) and Articles of Association (AOA).<\/li>\n<li>To endorse the meeting allowance of the Board of Directors.<\/li>\n<\/ul>\n<p>Other agendas of the AGM include endorsement of financial highlights of the FY 2063\/64 to 2073\/74, appointment of the auditor for the FY 2063\/64 to 2074\/745 and appointment of the auditor for FY 2074\/75 and the board of directors.<\/p>\n<p>CLICL is a 70:30 public limited company, promoted by Shikhar Insurance Company, Kantipur Media Group, Aviation Industries, Bankers, eminent Industrialists and Businessmen and Professionals.<\/p>\n<p>CLICL is operating with the authorized capital of Rs 3 arba and issued capital of Rs 2.5 arba.\u00a0The current paid up capital of the company is Rs 1.75 arba which is 70{8223a6cdc79d82c65bbd0ea4423dc28412c5c02c7f48076549e4099524007f1a} of the total issued capital. Hence, the company will be issuing IPO of the remaing 30{8223a6cdc79d82c65bbd0ea4423dc28412c5c02c7f48076549e4099524007f1a} of the total issued capital, amounting to Rs 75 crore.<\/p>\n<p>The company had earned Rs 5.14 crore in the second quarter of the current FY 2074\/75<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Citizen Life Insurance Company Limited conducted its 1st\u00a0Annual General Meeting (AGM) today (Baishakh 7, 2075). The AGM was held at Shikhar Biz Center, Thapathali, Kathmandu at 1:00 PM. The main agendas of the AGM were: To endorse IPO issue To amend the Memorandum of Association (MOA) and Articles of Association (AOA). To endorse the meeting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1012,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/citizenlifenepal.com\/np\/index.php?rest_route=\/wp\/v2\/posts\/1011"}],"collection":[{"href":"https:\/\/citizenlifenepal.com\/np\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citizenlifenepal.com\/np\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citizenlifenepal.com\/np\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/citizenlifenepal.com\/np\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1011"}],"version-history":[{"count":2,"href":"https:\/\/citizenlifenepal.com\/np\/index.php?rest_route=\/wp\/v2\/posts\/1011\/revisions"}],"predecessor-version":[{"id":1014,"href":"https:\/\/citizenlifenepal.com\/np\/index.php?rest_route=\/wp\/v2\/posts\/1011\/revisions\/1014"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citizenlifenepal.com\/np\/index.php?rest_route=\/wp\/v2\/media\/1012"}],"wp:attachment":[{"href":"https:\/\/citizenlifenepal.com\/np\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citizenlifenepal.com\/np\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citizenlifenepal.com\/np\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}