Corporate DisclosurePROGRESLIF
PROGRESLIF Corporate Disclosure — 17 February 2020
Announcement summary
- What happened
- PROGRESLIF published a corporate disclosure on 17 February 2020. Read the full announcement for details.
- Company
- Progressive Life Insurance Co. Ltd.
- Announcement published
Original announcement
(Continuation news of PROGRESLIF): 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 in any other investment including capital market shall be made in ordinary shares of such company, where dividends of not less than (cont. 28)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b0000400576a3
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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