IME Life New

Star Micro Insurance says its share ownership structure is transparent

SPIL
Nepal Life

Kathmandu. Star Micro Insurance has said that its attention has been drawn to the fact that the wrong and unconfirmed billions will have a negative impact on the confidence of the investors.

Star Micro Insurance issued a press release stating that its attention has been drawn to the issue. “The attention of the company has been drawn to some misleading and incorrect information published and disseminated by various media at present,” the statement said. ’

Esewa
Crest

According to the statement, Star Micro Insurance is a company operating as per the provisions of the law. “There are hundreds of shareholders in the company,” the statement reads, adding that the disclosure of false and unconfirmed information about an institution involving a large number of public investments can have a negative impact on investors’ confidence, defaming the company’s name and negative impact on customers. ’

Therefore, the Company has urged the public to verify factual truth and internalize the spirit of responsible and impartial journalism before publishing or broadcasting news. “We also urge the relevant stakeholders to investigate such misleading information and make the facts public,” the company said.

“The company’s share ownership structure is transparent, in accordance with the legal and regulatory standards,” the statement said. “The company will take a strong stand against any kind of misinterpretation or rumour mongering,” the statement said.

The company has requested all shareholders, customers and stakeholders to be aware of such unconfirmed news and receive it only from official sources.

In recent days, there has been a lot of debate and criticism about Home Minister Sudhan Gurung’s shareholding in Star Micro Insurance.

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