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): The Company could not take over any possession as yet but included in land and building deviating the principle of capitalization as per BAS-16; iv) The Company has 51% shareholding in two of its subsidiary companies namely Galaxy Capital Ltd. and Alpha Capital Management Ltd. The investments in shares of these two companies were Taka 30,855,000 and Taka 129,500,000 respectively. (cont. 4)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b000040059166
Original publication
Last verified by BullBD
Translation
BullBD
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