Corporate DisclosurePROGRESLIF

PROGRESLIF Corporate Disclosure — 2 September 2019

Published
Last verified by BullBD

Announcement summary

What happened
PROGRESLIF published a corporate disclosure on 2 September 2019. Read the full announcement for details.
Company
Progressive Life Insurance Co. Ltd.
Announcement published

Original announcement

(Continuation news of PROGRESLIF): and building deviating the principle of capitalization as per BAS-1 6; iv) The Company has 51% shareholding in its subsidiary companies namely Galaxy Capital Ltd. The investments in shares of this company was Taka 30,855,000. Further, the Company could not provide us any document with respect to approval from regulatory body as required in the Insurance Act 2010 for the aforementioned Company. However, the Company also (cont. 4)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b00004005915e
Original publication
Last verified by BullBD
Translation
BullBD
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