Corporate DisclosurePROGRESLIF
PROGRESLIF Corporate Disclosure — 26 September 2019
Announcement summary
- What happened
- PROGRESLIF published a corporate disclosure on 26 September 2019. Read the full announcement for details.
- Company
- Progressive Life Insurance Co. Ltd.
- Announcement published
Original announcement
Referring to their earlier news disseminated by DSE on 28.07.2019 regarding dividend declaration, in response to DSE query on declaration of bonus share, 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, b) Bonus share were declared considering only Actuarial surplus and (cont.)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b000040058edc
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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