Category ChangePROGRESLIF

PROGRESLIF Moved from A Category to Z Category

Published
Last verified by BullBD

Announcement summary

What happened
PROGRESLIF moved from A category to Z category.
Previous category
A
New category
Z
Reason
Cash dividend disbursement reported
Company
Progressive Life Insurance Co. Ltd.
Announcement published

Original announcement

As per BSEC's directive no. SEC/SRMIC/2005 -15/1139 (Part-3)/187, dated July 12, 2023, the Company will be placed in 'Z' category from existing 'A' category with effect from today i. e., July 13, 2023 as it has failed to hold AGM and to declare dividend to the shareholders for the preceding 2 (two) years.

বাংলা অনুবাদ — BullBD

This is a BullBD translation of the published corporate disclosure.

বিএসইসির নির্দেশনা নম্বর অনুযায়ী। SEC/SRMIC/2005 -15/1139 (পার্ট-3)/187, 12 জুলাই, 2023 তারিখে, কোম্পানিটিকে আজ থেকে কার্যকর বিদ্যমান 'A' ক্যাটাগরি থেকে 'Z' ক্যাটাগরিতে রাখা হবে i. e., 13 জুলাই, 2023 যেহেতু এটি AGM অনুষ্ঠিত করতে এবং পূর্ববর্তী 2 (দুই) বছরের জন্য শেয়ারহোল্ডারদের লভ্যাংশ ঘোষণা করতে ব্যর্থ হয়েছে৷

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
64af6c35a7ae9d76459f8a13
Original publication
Last verified by BullBD
Translation
BullBD
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