Corporate DisclosureFAREASTLIF
FAREASTLIF Corporate Disclosure — 21 April 2014
Announcement summary
- What happened
- FAREASTLIF published a corporate disclosure on 21 April 2014. Read the full announcement for details.
- Company
- Fareast Islami Life Insurance Co. Ltd.
- Announcement published
Original announcement
The Company has informed that the Board of Directors of the Company has decided to form a subsidiary Company named Fareast Islami Properties Ltd. The details are as follows: Authorized Capital: Tk. 50.00 crore; Paid up Capital: Tk. 10.00 crore; Per Share Value: Tk. 10.00 each; Capital of Fareast Islami Life Insurance Co. Ltd.: 51% (i.e. Tk. 5.10 crore) and Capital of other Sponsors: 49% (i.e. Tk. 4.90 crore).
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf6b5a6b0000400664ae
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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