Corporate DisclosurePROGRESLIF
PROGRESLIF Corporate Disclosure — 6 December 2020
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): Company was negative and as a result of the excess cash outflows pace of disbursement of maturity claim in due time is not up to the mark; 12.According to the directions of the IDRA, the premium received cannot be adjusted with the expenses (i.e.- Commission and allowance etc.) and the commission and allowance etc. should be paid through banking channel. IDRA's directions in this regard is not complied with; (cont.16)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040054f32
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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