Meghna Life Insurance PLC announcements
339 Dhaka Stock Exchange announcements for Meghna Life Insurance PLC (MEGHNALIFE) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (23).
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has assigned Surveillance rating of the Company as "AA3" in the long term along with Stable outlook based on audited financial statements as of December 31, 2023 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Confirmation of Share Transfer by Chairman of the company
The company has further informed that Mr. Nizam Uddin Ahmed, Chairman of the company, has completed his transfer of 11,66,143 shares of the company to Nizam-Hasina Foundation as per the declaration disseminated by DSE on 30.09.2024.
- Confirmation of Share Transfer by a Director of the company
The company has further informed that Mrs. Hasina Nizam, a Director of the company, has completed her transfer of 8,69,307 shares of the company to Nizam-Hasina Foundation as per the declaration disseminated by DSE on 20.10.2024.
- Q3 Financials
(Q3 Un-audited): As per life revenue account of the company Balance of Life Insurance Fund was BDT 15,107.71 million as on September 30, 2024 as against BDT 15,923.81 million as on September 30, 2023 resulting a net decrease of BDT 816.10 million. Net premium was BDT 1,492.52 million during January-September 2024 as against BDT 1,644.37 million during January-September 2023. NOCFPS was Tk. (25.18) as on September 30, 2024 and Tk. (29.80) as on September 30, 2023.
- 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 23, 2024 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
- Declaration of Share Transfer by a Director of the company
Mrs. Hasina Nizam, a Director of the company, has expressed her intention to transfer 8,69,307 shares of the company to Nizam-Hasina Foundation outside the trading system of the Exchange in form of single sided transfer within October 31, 2024 as per BSEC's letter No. BSEC/SRIC/2005-06/1130/(Part-III)-151 dated May 28, 2024.
- Appointment of Company Secretary
The company has informed that the Board of Directors has approved the appointment of Mr. Sheikh Abu Talha as the new company secretary with effect from October 01, 2024.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2023 to the respective shareholders.
- Declaration of Share Transfer by Chairman of the company
Mr. Nizam Uddin Ahmed, Chairman of the company, has expressed his intention to transfer 11,66,143 shares of the company to Nizam-Hasina Foundation outside the trading system of the Exchange in form of single sided transfer within October 31, 2024 as per BSEC's letter No. BSEC/SRIC/2005-06/1130/(Part-III)-151 dated May 28, 2024.
- (Q2 Un-audited): The company has further informed that as per life revenue account of the company for April to June, 202
(Q2 Un-audited): The company has further informed that as per life revenue account of the company for April to June, 2024, excess of total expenses including claims over total income (deficit) was BDT 805.66 million as against excess of total expenses including claims over total income (deficit) of BDT 740.49 million in the corresponding previous period of 2023. (cont.)
- Q2 Financials
The company has informed that NOCFPS was BDT (24.77) as on June 30, 2024. The company has also informed that quarterly NAV, EPS could not be calculated as the actuarial valuation of life insurance company is done annually.
- Q2 Financials (Additional Information)
(Continuation news of MEGHNALIFE): Balance of Life Insurance Fund was BDT 14,970.38 million as on June 30, 2024 as against BDT 16,194.69 million as on June 30, 2023 resulting a net decrease of BDT 1,224.31 million. (end)
The first part of this announcement is missing from the archive. - 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 29, 2024 at 04:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- Resumption after Record Date
Trading of the shares of the company will resume on 21.07.2024.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 18.07.2024.
- 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 15.07.2024 to 16.07.2024 and trading of the shares will remain suspended on record date i.e., 18.07.2024.
- Emphasis of Matter
The auditor of the company has given the "Emphasis of Matter" paragraphs in the Auditor's Report of the company for the year ended December 31, 2023. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/july/MEGHNALIFE_2023.pdf
- (Q1 Un-audited): As per life revenue account of the company for January to March, 2024, excess of total expenses includi
(Q1 Un-audited): As per life revenue account of the company for January to March, 2024, excess of total expenses including claims over total income (deficit) was BDT 974.90 million as against excess of total expenses including claims over total income (deficit) of BDT 984.31 million in the corresponding previous period of 2023. (cont.)
- Dividend Declaration
The Board of Directors has recommended 15% cash dividend for the year ended December 31, 2023. Date of AGM: 29.08.2024, Time: 11:00 AM, Venue: Digital Platform. Record Date: 18.07.2024.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (30.06.2024) following its corporate declaration.
- Q1 Financials
(Continuation news of MEGHNALIFE): Accordingly, Balance of Life Insurance Fund as on March 31, 2024 was BDT 15,776.04 million as against BDT 16,935.18 million as on March 31, 2023 resulting a net decrease of BDT 1,159.14 million. NOCFPS was Tk. (8.79) for January-March 2024. (end)
The first part of this announcement is missing from the archive. - 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 27, 2024 at 04:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
- 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 27, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.