InvestmentPRAGATILIF

PRAGATILIF Approves Tk 0 Crore Investment

Published
Last verified by BullBD

Announcement summary

What happened
PRAGATILIF approved a Tk 0 Crore investment.
Investment amount
Tk 0 Crore
Company
Pragati Life Insurance PLC.
Announcement published

Original announcement

The company has informed that the Board of Directors of the Company has decided to invest 10% of its paid up capital i.e., BDT 12.50 Crore in the proposed digital bank named 'Pragati Digital Bank PLC' subject to the approval from the concerned authorities.

বাংলা অনুবাদ — BullBD

This is a BullBD translation of the published corporate disclosure.

কোম্পানি জানিয়েছে যে কোম্পানির পরিচালনা পর্ষদ তার পরিশোধিত মূলধনের 10% অর্থাত্‍ 12.50 কোটি টাকা 'প্রগতি ডিজিটাল ব্যাংক PLC' নামে প্রস্তাবিত ডিজিটাল ব্যাংকে বিনিয়োগ করার সিদ্ধান্ত নিয়েছে সংশ্লিষ্ট কর্তৃপক্ষের অনুমোদন সাপেক্ষে।

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
64c77632a7ae9d76450f53dc
Original publication
Last verified by BullBD
Translation
BullBD
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