Corporate DisclosurePROGRESLIF

PROGRESLIF Corporate Disclosure — 3 December 2019

Published
Last verified by BullBD

Announcement summary

What happened
PROGRESLIF published a corporate disclosure on 3 December 2019. Read the full announcement for details.
Company
Progressive Life Insurance Co. Ltd.
Announcement published

Original announcement

Dividend Declaration (Additional Information): The Company has further informed that a) Reason for declaration of Bonus share to comply Insurance Act- 2010 and repeatedly direction by the IDRA to raise paid up capital upto 30.00 crore immediately according to schedule-1, bonus share declared according to Actuary Valuation and Surplus. b) Bonus share were declared considering only Actuarial surplus and (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b000040057fcc
Original publication
Last verified by BullBD
Translation
BullBD
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