Corporate DisclosureSTANDARINS

STANDARINS Corporate Disclosure — 18 October 2016

Published
Last verified by BullBD

Announcement summary

What happened
STANDARINS published a corporate disclosure on 18 October 2016. Read the full announcement for details.
Company
Standard Insurance PLC.
Announcement published

Original announcement

The Company has informed that Insurance Development & Regulatory Authority (IDRA) had cancelled their license on 15.11.2015. In view of such cancellation of their license the company filled an Appeal Petition to the Secretary, Bank & Financial Institutions Division, Ministry of Finance, Government of the People's Republic of Bangladesh for restoration of license of the Company. The Government of the People's Republic of Bangladesh accepted the appeal and restored the license of the company.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf2d5a6b00004006114a
Original publication
Last verified by BullBD
Translation
BullBD
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