Corporate DisclosurePROGRESLIF

PROGRESLIF Corporate Disclosure — 23 February 2020

Published
Last verified by BullBD

Announcement summary

What happened
PROGRESLIF published a corporate disclosure on 23 February 2020. Read the full announcement for details.
Company
Progressive Life Insurance Co. Ltd.
Announcement published

Original announcement

(Continuation news of PROGRESLIF): deposited money and assets of the "Life Insurance Fund" within 6 months from the end of year 2018 to the authority in accordance with Section 32 and Section 26(3) respectively of the Insurance Act, 2010. j) In note 14.4.2 of the financial statements, PLICL stated the reason for not following the rule mentioned in the Insurance Rules, 1958, rule 10A(1)(e)(i). According to Rule 10A(1)(e)(i) of the Insurance Rules, 1958, investment of balance assets (cont. 28)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b0000400575e9
Original publication
Last verified by BullBD
Translation
BullBD
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