Popular Life Insurance Company Limited announcements
392 Dhaka Stock Exchange announcements for Popular Life Insurance Company Limited (POPULARLIF) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (16).
- Q3 Financials
(Q3 Un-audited): Decrease in life revenue account for July-September, 2017 was Tk. 746.84 million as against decrease in Tk. 651.33 million for July-September, 2016. Whereas decrease in life revenue account for Jan-September, 2017 was Tk. 1,388.75 million with total life insurance fund of Tk. 23,664.29 million as against decrease in Tk. 2,731.13 million and Tk. 25,475.06 million respectively for the same period of 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 October 26, 2017 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2017.
- Dividend Disbursement
The Company has informed that Cash dividend warrants has been disbursed for the year ended on December 31, 2016.
- Credit Rating Result
National Credit Ratings Limited (NCR) has announced the rating of the Company as "AA" in the long term and "ST-1" in the short term based on audited financial statements of the Company as on December 31, 2016.
- Q2 Financials
(Q2 Un-audited): Increase in life revenue account for Apr-June, 2017 was Tk. 267.61 m. with total life insurance fund of Tk. 25,320.66 m. as against decrease of Tk. 540.40 m. and Tk. 27,665.78 m. respectively for the same period of the previous year. Decrease in life revenue account for Jan-June, 2017 was Tk. 641.20 m. with total life insurance fund of Tk. 24,411.85 m. as against decrease of Tk. 2,079.82 m. and Tk. 26,126.37 m. 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 July 27, 2017 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2017.
- Emphasis of Matter
(Emphasis of Matter): The auditor of the Company has given the following 'Emphasis of Matter' paragraph in the audit report of the Company prepared for the year ended on 31 December 2016. Emphasis of Matter: We draw attention to the following matter, though our opinion is not qualified in respect of the same: The Company needs establish the Workers Profit Participation Fund (WPPF) complying the Labor Act 2006 and as amended.
- Resumption after Record Date
Trading of the shares of the Company will resume on 11.07.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 10.07.2017.
- 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 benefit from 06.07.2017 to 09.07.2017. Trading of the shares of the Company will remain suspended on record date i.e., 10.07.2017.
- Dividend Declaration
The Board of Directors has recommended 40% cash dividend for the year ended on December 31, 2016. Date of AGM: 08.08.2017, Time: 12:00 noon, Venue: FARS Hotel & Resorts, 212, Shahid Syed Nazrul Islam Sharani, Purana Paltan, Dhaka-1000. Record Date: 10.07.2017. The Company has also reported EPS of Tk. 4.02, NAV per share of Tk. 70.06 and NOCFPS of Tk. (81.04) for the year ended on December 31, 2016 as against Tk. 4.46, Tk. 58.72 and Tk. (44.39) respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (13.06.2017) following its corporate declaration.
- Q1 Financials
(Q1 Un-audited): Decrease in life revenue account for Jan- March, 2017 was Tk. 1,019.32 million with total life insurance fund of Tk. 24,033.72 million as against decrease in life revenue account of Tk. 1,627.93 million with total life insurance fund of Tk. 26,578.25 million respectively for the same period of the previous year.
- 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 12, 2017 at 2:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2016.
- Floor Space purchase
The Company has informed that the Board of Directors has decided to purchase floor space measuring 17,400 sft. approximately at 6th, 7th & 8th Floor, Marina Nodi Bangla Complex, Shatmatha, Bogra, with utility & 3 Car parking at total cost of Tk. 5.21 crore (approximately) excluding registration cost.
- Floor Space Purchase
The Company has informed that the Board of Directors has decided to purchase a floor space measuring 3,700 sft. with one car parking spaces at Plot No.-25, Road No.-05, Block-B, Nabodoy Housing, Mohammadpur, Adabar, Dhaka at total price of Tk. 1,85,00,000.00 approximate only.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.