Corporate DisclosureDELTALIFE
DELTALIFE Corporate Disclosure — 31 July 2018
Announcement summary
- What happened
- DELTALIFE published a corporate disclosure on 31 July 2018. Read the full announcement for details.
- Company
- Delta Life Insurance Company Ltd.
- Announcement published
Original announcement
(Continuation news of DELTALIFE): The reason for such decline in life fund was because of rebalancing of the capital market portfolio during these 6 months. The capital market portfolio is under a restructuring plan of offloading less profitable shares and realizing losses of investment made earlier periods and investing the sale proceeds in shares that the Company sees to be more lucrative. Management is expecting that this decline will be reversed by the year end. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acef05a6b00004005c342
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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