Corporate DisclosurePROGRESLIF

PROGRESLIF Corporate Disclosure — 17 February 2020

Published
Last verified by BullBD

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): the Honorable High Court has directed Bangladesh Bank to appoint a liquidator to liquidate the People's Leasing and Financial Service. PLICL has communicated with the liquidator and confirmed that, there is a high possibility to recover the rest of the amount of BDT 10,000,000 from the People's Leasing and Financial Service; Note 19.01 ? Fixed deposits with banks: Balance of Fixed deposits with People's. Leasing and Financial Service as on 31-12-2017 (cont. 10)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b0000400576b5
Original publication
Last verified by BullBD
Translation
BullBD
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