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): 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. Further, the Company could not provide us any document with respect to approval from regulatory body (cont. 4)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b000040059171
Original publication
Last verified by BullBD
Translation
BullBD
Report incorrect information

Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.