Corporate DisclosurePROGRESLIF

PROGRESLIF Corporate Disclosure — 6 December 2020

Published
Last verified by BullBD

Announcement summary

What happened
PROGRESLIF published a corporate disclosure on 6 December 2020. Read the full announcement for details.
Company
Progressive Life Insurance Co. Ltd.
Announcement published

Original announcement

(Continuation news of PROGRESLIF): Service amounting Tk. 10,000,000 (One crore taka only) against which the recovery of the amount is in question due to the liquidation threat. The company doesn't have made any provision regarding the investment; 15.The company have entered into an agreement on June 26, 2014 with Leadsoft Bangladesh Limited for the implementation of the InsurSoft and as per agreement the software will be implemented within twelve months and the(cont.18)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040054f30
Original publication
Last verified by BullBD
Translation
BullBD
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