Corporate DisclosureDELTALIFE

DELTALIFE Corporate Disclosure — 9 February 2014

Published
Last verified by BullBD

Announcement summary

What happened
DELTALIFE published a corporate disclosure on 9 February 2014. Read the full announcement for details.
Company
Delta Life Insurance Company Ltd.
Announcement published

Original announcement

The Company has informed that the Board of Directors of the Company has decided to establish two fully owned subsidiary companies namely (1) DLIC Asset Management Company Limited with an Authorized and Paid-up Capital of Tk. 50.00 crore and Tk. 10.00 crore respectively and (2) DLIC Financial Services Limited with an Authorized and Paid-up Capital of Tk. 50.00 crore and Tk. 25.00 crore respectively subject to the approval from the Insurance Development and Regulatory Authority (IDRA) and Bangladesh Securities & Exchange Commission (BSEC).

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf6b5a6b000040066a7c
Original publication
Last verified by BullBD
Translation
BullBD
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