DividendPARAMOUNT
PARAMOUNT 20% Stock Dividend
Announcement summary
- What happened
- PARAMOUNT published a dividend disclosure.
- Dividend type
- Stock
- Dividend percentage
- 20%
- Company
- Paramount Insurance PLC.
- Announcement published
Original announcement
(Continuation news of PARAMOUNT): i) As per Schedule-1, Section 21 of the Insurance Act 2010, every ono-life Insurance should have Forty Crore of Paid-up Capital. At present Company's paid-up Capital is TK. 33,88,74,720.00 only. That is why The Company has declared 20% stock dividend only for this year. ii) Bonus shares is not declared from capital reserve or revaluation reserve or any kind other than accumulate profit. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b0000400541bb
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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