Chartered Life Insurance PLC announcements
83 Dhaka Stock Exchange announcements for Chartered Life Insurance PLC (CLICL) since 2022: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (18).
- Alpha Credit Rating Limited (AlphaRating) has assigned the surveillance rating of the Company as \"AA-\" in the long ter
Alpha Credit Rating Limited (AlphaRating) has assigned the surveillance rating of the Company as \"AA-\" in the long term and \"ST-2\" in the short term along with Stable outlook based on audited financial statements as on December 31, 2022 and relevant qualitative information till December 12, 2023.
- (Q3 Un-audited): As per life revenue account of the company for July to September, 2023, Balance of Life Insurance Fund
(Q3 Un-audited): As per life revenue account of the company for July to September, 2023, Balance of Life Insurance Fund was BDT 513,007,477 as on September 30, 2023 as against BDT 425,281,971 as on September 30, 2022 resulting a net increase of BDT 87,725,506. Net premium was BDT 216,649,130 during July to September 2023 as against BDT 180,938,539 during July to September 2022. (cont.)
- Q3 Financials
(Continuation news of CLICL): Total expenses including claims were BDT 214,645,824 during July to September 2023 as against BDT 158,057,786 during July to September 2022. (end)
The first part of this announcement is missing from the archive. - Category Change
The Company will be placed in 'B' category from existing 'N' category with effect from October 31, 2023 as the Company has reported disbursement of 2% Cash Dividend for the year ended December 31, 2022.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2022 to the respective shareholders.
- Regarding change of time of AGM
The Company has further informed that the 10th AGM of the Company will be held on Virtual Platform at 12:00 PM instead of earlier declared 11:00 AM.
- Resumption after Record Date
Trading of the shares of the company will resume on 27.08.2023.
- Suspension for Record Date
Trading of the shares of the company will be suspended on record date i.e., 24.08.2023.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 22.08.2023 to 23.08.2023 and trading of the shares will remain suspended on record date i.e., 24.08.2023.
- Dividend Declaration
The Board of Directors has recommended 2% Cash Dividend for the year ended December 31, 2022. Date of AGM: 25.09.2023, Time: 11:00 AM, Venue: Digital Platform. Record Date: 24.08.2023. The Company has also reported EPS of Tk. 0.24, NAV per share of Tk. 10.73 and NOCFPS of Tk. 3.27 for the year ended December 31, 2022 as against Tk. 0.20, Tk. 12.08 and Tk. 2.58 respectively for the year ended December 31, 2021.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (31.07.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- Q2 Financials
(Q2 Un-audited): As per life revenue account of the company for April to June, 2023, Balance of Life Insurance Fund as on June 30, 2023 was BDT 511,280,555 as against BDT 397,152,691 as on June 30, 2022 resulting a net increase of BDT 114,127,864. Net premium was BDT 203,563,237 during April-June 2023 as against BDT 169,616,349 during April-June 2022. Total expenses including claims were BDT 204,310,822 during April-June 2023 as against BDT 165,717,507 during April-June 2022.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on July 30, 2023 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2023.
- Board Meeting schedule under LR 19(1)
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on July 30, 2023 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2022.
- Board decision to purchase commercial floor space
The company has informed that the Board of Directors has resolved the decision to purchase commercial floor space of 6474 sft at 5th floor of Hilton Tower, 176, Monohorpur, Rajgonj, Cumilla at the price of BDT 3,630/- per sft totaling to BDT 2,35,00,000/-, subject to the approval from the IDRA and legal opinion from the panel lawyer of the company.
- Q1 Financials
(Q1 Un-audited): As per consolidated life revenue account of the company for January to March 2023, total revenue was BDT 692,536,504 and total expense was BDT 189,836,863 as on March 31, 2023 and total revenue was BDT 527,009,963 and total expense was BDT 139,483,641 as on March 31, 2022. Accordingly, Balance of Life Insurance Fund as on March 31, 2023 was BDT 502,699,641 as against BDT 387,526,322 as on March 31, 2022 resulting a net increase of BDT 115,173,319.
- Query Response
In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike and increase in volume of shares.
- Resignation of Independent Director
The company has informed that Mr. Zahrul Syed Bakht, FCMA has resigned from his position of Independent Director of the company with effect from March 11, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.