Fareast Islami Life Insurance Company Limited announcements
417 Dhaka Stock Exchange announcements for Fareast Islami Life Insurance Company Limited (FAREASTLIF) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (16).
- Q3 Financials
Increase in life revenue account for July-September, 2016 was Tk. 25.93 million as against Tk. 323.27 million for July-September, 2015. Whereas increase in life insurance fund for Jan- September, 2016 was Tk. 71.85 million with total life insurance fund of Tk. 31,369.11 million as against Tk. 572.76 million and Tk. 29,435.82 million respectively for Jan- September, 2015.
- 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 October 25, 2016 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2016.
- Cash Dividend Disbursement
The Company has informed that it has disbursed Cash dividend for the year ended on December 31, 2015 to the respective shareholders' Bank Account through BEFTN system.
- Resumption after record date
Trading of the shares of the Company will resume on 08.08.2016 after record date.
- Suspension news
Trading of the shares of the Company will remain suspended on record date i.e., 07.08.2016.
- Sale and Buy Confirmation
PFI Securities Ltd. one of the Corporate Sponsors of the Company, has further reported that, it has completed its sale of 11,00,000 shares whereas Fareast Securities Ltd., another Corporate Sponsor of the Company has further reported that it has completed its buy of total 12,55,000 (11,00,000+1,55,000) shares of the company at prevailing Market price through Stock Exchange as announced earlier.
- Q2 Financials
(Q2 Un-audited): Increase in consolidated life revenue account for Apr-June, 2016 was Tk. 28.64 m. with consolidated total life insurance fund of Tk. 31,341.89 m. as against Tk. 147.66 m. and Tk. 29,112.55 m. respectively for the same period of the previous year. Increase in consolidated life revenue account for Jan-June, 2016 was Tk. 44.64 m. with consolidated total life insurance fund of Tk. 31,341.89 m. as against Tk. 249.49 m. and Tk. 29,112.55 m. respectively for the same period of the previous year.
- Declaration of sale/buy
PFI Securities Ltd., One of the Corporate Sponsors of the company, has expressed its intention to sell 11,00,000 shares out of its total holding of 12,65,000 shares whereas Fareast Securities Ltd. another Corporate Sponsor of the company has expressed its intention to buy 11,00,000 shares at prevailing market price (In the Block Market) through Stock Exchange within next 30 working days.
- Buy Declaration
Fareast Securities Ltd., one of the Corporate Sponsors of the Company, has expressed its intention to Buy 1,55,000 shares of the Company at prevailing market price (In the Block Market) through Stock Exchange within next 30 working days.
- Board Meeting
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 31, 2016 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2016.
- Furnishing 12 digits e-TIN Number
The Company has requested the shareholders to update their respective bank accounts, address, mobile number, 12 digits e-TIN number through their respective DP before the Record date. If anyone fails to update their e-TIN information before the Record Date, Income Tax at source will be deducted from payable Dividend @ 15% instead of 10% as per amended IT Ordinance 1984, Section 54.
- Dividend Declaration
The Board of Directors has recommended 39% cash dividend for the year ended on December 31, 2015. Date of AGM: 23.08.2016, Time: 10:00 AM, Venue: Gulnaksha (Hall-1), International Convention City Bashundhara, Kuril Bishwa Road, Dhaka-1229. Record Date: 07.08.2016.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.06.2016) following its corporate declaration.
- Q1 Financials
(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2016 (Jan'16 to March'16), the Company has reported increase in life revenue account of Tk. 15.99 million with total life insurance fund of Tk. 31,313.25 million as against an increase of Fund of Tk. 101.83 million and Tk. 28,964.89 million respectively for the same period of the previous year.
- 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 June 28, 2016 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2016.
- 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 June 28, 2016 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.