Padma Islami Life Insurance Limited announcements
261 Dhaka Stock Exchange announcements for Padma Islami Life Insurance Limited (PADMALIFE) since 2012: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (43).
- 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 of shares.
- Sale confirmation of a Sponsor Director
Mr. A.T.M Rafique, one of the Sponsors Directors of the Company, has further reported that he has completed his sale of total 1,90,200 (1,50,000 + 40,200) shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Category Change
The Company will be placed in 'A' category from existing 'Z' category with effect from November 19, 2017 as the Company has reported disbursement of 20% stock dividend for the year ended on December 31, 2016.
- Prohibition on providing loan facilities to purchase securities
DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase any security of Padma Islami Life Insurance Limited in between 1st to 30th trading day after change of categorization, with effect from November 19, 2017 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
- Dividend Disbursement
The Company has informed that it has credited Bonus shares for the year ended on December 31, 2016 to the respective shareholders' BO Accounts.
- Sale confirmation of a Sponsor Director
Mr. A.T.M Rafique, one of the Sponsors Directors of the Company, has further reported that he has completed his sale of 50,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier. Mr. Zainal Abedin Zafar, one of the Sponsors Directors of the Company, has further reported that he has completed his sale of 1,50,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale confirmation of a Sponsor
Haji Mohammad Shahjahan, one of the Sponsors of the Company, has further reported that he has completed his sale of 73,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier. Mr. A.B.M Taleb Ali, one of the Sponsors of the Company, has further reported that he has completed his sale of 30,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Confirmation of transfer by a Sponsor
Mr. Yousuf Wazed Ali Chowdhury, one of the Sponsors of the Company, has further reported that he has completed his transfer of 50,000 shares of the Company to his son Mr. Yousuf Rubayyat Wazed, by way of gift outside the trading system of the Exchange as announced earlier. Mr. Md. Abul Basher, one of the Sponsors of the Company, has further reported that he has completed his transfer of 50,000 shares of the Company to his daughter Mrs. Fatema Layeba Afrose, by way of gift outside the trading system of the Exchange as announced earlier.
- Confirmation of transfer by a Sponsor Director
Dr. Nadera Saberin, one of the Sponsors Directors of the Company, has further reported that she has completed her transfer of 4,00,000 shares of the Company to her son Mr. Haider Zafar Habib by way of gift outside the trading system of the Exchange as announced earlier. Dr. A.B.M Zafar Ullah, one of the Sponsors Directors of the Company, has further reported that he has completed his transfer of 5,00,000 shares of the Company to his son Mr. Haider Zafar Habib, by way of gift outside the trading system of the Exchange as announced earlier. Mrs. Nazmun Nahar, one of the Sponsors Directors of the Company, has further reported that she has completed her transfer of 2,00,000 shares of the Company to her daughter Ms. Alima Ayesha Taher by way of gift outside the trading system of the Exchange as announced earlier. Mr. Abu Taher, one of the Sponsors Directors of the Company, has further reported that he has completed his transfer of 10,50,000 shares of the Company to his daughter Ms. Alima Ayesha Taher by way of gift outside the trading system of the Exchange as announced earlier.
- Declaration of transfer by a Sponsor Director
Dr. Nadera Saberin, one of the Sponsors Directors of the Company, has expressed her intention to transfer 4,00,000 shares out of her total holding of 12,09,600 shares to her son Mr. Haider Zafar Habib, by way of gift outside the trading system of the Exchange within October 31, 2017. Dr. A.B.M Zafar Ullah, one of the Sponsors Directors of the Company, has expressed his intention to transfer 5,00,000 shares out of his total holding of 19,50,000 shares to his son Mr. Haider Zafar Habib, by way of gift outside the trading system of the Exchange within October 31, 2017.
- Declaration of transfer by a Sponsor
Mr. Yousuf Wazed Ali Chowdhury, one of the Sponsors of the Company, has expressed his intention to transfer 50,000 shares out of his total holding of 3,40,000 shares to his son Mr. Yousuf Rubayyat Wazed, by way of gift outside the trading system of the Exchange within October 31, 2017. Mr. Md. Abul Basher, one of the Sponsors of the Company, has expressed his intention to transfer 50,000 shares out of his total holding of 3,53,600 shares to his daughter Mrs. Fatema Layeba Afrose, by way of gift outside the trading system of the Exchange within October 31, 2017.
- Sale confirmation of a Sponsor Director
Dr. A.K.M Anwaruzzaman, one of the Sponsors Directors of the Company, has further reported that he has completed his sale of 1,50,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Q3 Financials
(Q3 Un-audited): Increase in life revenue account for July-September, 2017 was Tk. 13.26 million as against decrease of Tk. 79.40 million for July-September, 2016. Whereas decrease in life revenue account for Jan- September, 2017 was Tk. 183.37 million with total life insurance fund of Tk. 2,546.97 million as against decrease in Tk. 375.38 million and Tk. 2,746.22 million respectively for Jan- September, 2016.
- Sale declaration of a Sponsor
Haji Mohammad Shahjahan, one of the Sponsors of the Company, has expressed his intention to sell 73,000 shares out of his total holding of 3,45,600 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within October 31, 2017.
- Sale confirmation of a Sponsor Director
Mr. Nazim Uddin Ahmed, one of the Sponsors Directors of the Company, has further reported that he has completed his sale of 1,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Declaration of transfer by a Sponsor Director
Mr. Abu Taher, one of the Sponsors Directors of the Company, has expressed his intention to transfer 10,50,000 shares out of his total holdings of 19,00,000 shares of the Company to his daughter Ms. Alima Ayesha Taher by way of gift outside the trading system of the Exchange within October 31, 2017. Mrs. Nazmun Nahar, one of the Sponsors Directors of the Company, has expressed her intention to transfer 2,00,000 shares out of her total holding of 9,72,000 shares of the Company to her daughter Ms. Alima Ayesha Taher by way of gift outside the trading system of the Exchange within October 31, 2017.
- Sale declaration of a Sponsor
Mr. A.B.M Taleb Ali, one of the Sponsors of the Company, has expressed his intention to sell 30,000 shares out of his total holding of 3,00,000 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within October 31, 2017.
- Confirmation of transfer by a Sponsor Director
Mr. A.T.M Anayet Ullah, one of the Sponsors Directors of the Company, has further reported that he has completed his transfer of total 8,00,000 shares of the Company to his wife Mrs. Nazneen Ahmed (4,00,000 shares) and two sons Mr. Tanvir Ahmed Nabid (2,00,000 shares) & Mr. Imran Ahmed Sabid (2,00,000 shares) by way of gift outside the trading system of the Exchange, as announced earlier.
- Sale confirmation of a Sponsor
Mr. Md. Abul Basher, one of the Sponsors of the Company, has further reported that he has completed his sale of 1,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- 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 30, 2017 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, 2017.
- Sale confirmation of Sponsors Directors
Dr. A.B.M Zafar Ullah, Mr. Yousuf Wazed Ali Chowdhury and Mr. Abu Taher, all are Sponsors Directors of the Company, have further reported that they have completed their sale of 50,000 shares, 80,000 shares and 1,00,000 shares respectively at prevailing market price through Stock Exchange as announced earlier.
- Declaration of transfer by a Sponsor Director
Mr. A.T.M Anayet Ullah, one of the Sponsors Directors of the Company, has expressed his intention to transfer total 8,00,000 shares out of his total holding of 18,25,000 shares of the Company to his wife Mrs. Nazneen Ahmed (4,00,000 shares) and two sons Mr. Tanvir Ahmed Nabid (2,00,000 shares) & Mr. Imran Ahmed Sabid (2,00,000 shares) by way of gift outside the trading system of the Exchange within October 31, 2017.
- Sale declaration of a Sponsor Director
Mr. Nazim Uddin Ahmed, one of the Sponsors Directors of the Company, has expressed his intention to sell 1,00,000 shares out of his total holding of 10,36,800 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within October 31, 2017. Mr. Zainal Abedin Zafar, one of the Sponsors Directors of the Company, has expressed his intention to sell 1,50,000 shares out of his total holding of 12,96,000 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within October 31, 2017.
- Sale declaration of a Sponsor Director
Dr. A.K.M Anwaruzzaman, one of the Sponsors Directors of the Company, has expressed his intention to sell 1,50,000 shares out of his total holding of 9,42,000 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within October 31, 2017. Dr. A.B.M Zafar Ullah, one of the Sponsors Directors of the Company, has expressed his intention to sell 50,000 shares out of his total holding of 20,00,000 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within October 31, 2017.
- Completion of shares transmission of a late Sponsor to his nominee
The Company has further informed that 10,00,000 shares of the late Sponsor Mr. Nurul Alam Bhuiyan has been transmitted to the account of his nominee Mr. Fazle Alam Bhuiyan, son of Late Nurul Alam Bhuiyan.
- Resumption after Record Date
Trading of the shares of the Company will resume on 17.10.2017 after record date.
- Sale confirmation of a Sponsor Director
Mr. A.T.M Anayet Ullah, one of the Sponsors Directors of the Company, has further reported that he has completed his sale of 3,35,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 16.10.2017.
- Transmission of Deceased Sponsor's shares to his nominee
The Company has informed that Mr. Nurul Alam Bhuiyan, the late Sponsor of the Company passed away on 23.09.2012. His total 10,00,000 shares will be transmitted to the account of his nominee Mr. Fazle Alam Bhuiyan, son of Late Nurul Alam Bhuiyan.
- Sale declaration of a Sponsor Director
Mr. A.T.M Rafique, one of the Sponsors Directors of the Company, has expressed his intention to sell 50,000 shares out of his total holding of 8,15,200 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within October 31, 2017.
- Sale declaration of a Sponsor
Mr. Md. Abul Basher, one of the Sponsors of the Company, has expressed his intention to sell 1,00,000 shares out of his total holding of 4,53,600 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within October 31, 2017. Mr. Yousuf Wazed Ali Chowdhury, one of the Sponsors of the Company, has expressed his intention to sell 80,000 shares out of his total holding of 4,20,000 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within October 31, 2017.
- Sale declaration of a Sponsor Director
Mr. Abu Taher, one of the Sponsors Directors of the Company, has expressed his intention to sell 1,00,000 shares out of his total holding of 20,00,000 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within October 31, 2017. Mr. A.T.M Rafique, one of the Sponsors Directors of the Company, has expressed his intention to sell 40,200 shares out of his total holding of 8,85,739 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within October 31, 2017.
- Spot News
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefits from 03.10.2017 to 15.10.2017. Trading of the shares of the Company will remain suspended on record date i.e., 16.10.2017.
- Dividend Declaration
The Board of Directors has recommended 20% Stock dividend for the year ended on December 31, 2016. Date of AGM: 09.11.2017, Time of AGM: 11:00 AM, Venue of the AGM: Padma Life Tower, 115 Kazi Nazrul Islam Avenue, Bangla Motor, Dhaka-1000. Record Date: 16.10.2017.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (25.09.2017) following its corporate declaration.
- Q1 Financials
(Q1 Un-audited): Decrease in life revenue account for Jan-Mar, 2017 was Tk. 142.89 million with total life insurance fund of Tk. 2,587.45 million as against decrease in life revenue account was Tk. 163.88 million and Tk. 2,957.72 million respectively for the same period of the previous year.
- Q2 Financials
(Q2 Un-audited): Decrease in life revenue account for Apr-June,2017 was Tk. 53.74 million with total life insurance fund of Tk.2,533.70 million as against decrease in Tk.132.09 million and Tk.2,825.62 million respectively for the same period of the previous year. Decrease in life revenue account for Jan-June,2017 was Tk.196.64 million with total life insurance fund of Tk. 2,533.70 million as against decrease in Tk.295.98 million and Tk.2,825.62 million respectively for the same period of the previous year.
- Sale declaration of a Sponsor Director
Mr. A.T.M Anayet Ullah, one of the Sponsors Directors of the Company, has expressed his intention to sell 3,35,000 shares out of his total holding of 21,60,000 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within October 31, 2017. Mr. A.T.M Rafique, one of the Sponsors Directors of the Company, has expressed his intention to sell 1,50,000 shares out of his total holding of 9,40,200 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within October 31, 2017.
- 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 September 24, 2017 at 2:50 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2017 and Second Quarter (Q2) period ended on June 30, 2017.
- 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 September 24, 2017 at 2:50 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2016.
- Query Response
In response to a DSE query dated March 19, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Appointment of Chief Executive Officer
The Company has informed that Dr. Chowdhury Mohammad Wasiuddin has been appointed as the Chief Executive Officer of the Company for 3 years.
- 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.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.