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 2024 (20).
- Credit Rating Result
National Credit Ratings Limited (NCR) has assigned the surveillance insurers financial strength rating of the Company as "AAA" in the long term and "ST-1" in the short term along with Stable outlook based on audited financial statements as on December 31, 2023.
- Share Transmission of Deceased Sponsor among his successors
The Company has informed that 3,853,554 shares of Late Hasan Ahmed, a sponsor shareholder and former Chairman of the company who passed away on 24.01.2022, will be transmitted among his successors according to the Succession Certificate issued by the Honorable Court.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2023 to the respective shareholders.
- (Q3 Un-audited): As per consolidated life revenue account of the company for July to September, 2024, excess of total ex
(Q3 Un-audited): As per consolidated life revenue account of the company for July to September, 2024, excess of total expenses including claims over total income (deficit) was BDT 1,428.89 million as against excess of total expenses including claims over total income (deficit) of BDT 694.68 million in the corresponding previous period of 2023. Whereas as per consolidated life revenue account of the company for January to September, 2024, (cont.1)
- (Continuation news of POPULARLIF): excess of total expenses including claims over total income (deficit) was BDT 1,353.9
(Continuation news of POPULARLIF): excess of total expenses including claims over total income (deficit) was BDT 1,353.94 million as against excess of total expenses including claims over total income (deficit) of BDT 1,521.18 million in the corresponding previous period of 2023. Accordingly, Balance of Life Insurance Fund was BDT 15,246.58 million as on September 30, 2024 as against BDT 15,351.27 million as on September 30, 2023 resulting a net decrease of BDT 104.69 million. (cont.2)
The first part of this announcement is missing from the archive. - Q3 Financials
(Continuation news of POPULARLIF): Consolidated NOCFPS was Tk. (9.75) for January-September 2024 as against Tk. (22.99) for January-September 2023. (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 October 27, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
- (Q2 Un-audited): As per consolidated life revenue account of the company for April to June, 2024, excess of total expens
(Q2 Un-audited): As per consolidated life revenue account of the company for April to June, 2024, excess of total expenses including claims over total income (deficit) was BDT 82.63 million as against excess of total expenses including claims over total income (deficit) of BDT 992.65 million in the corresponding previous period of 2023. Whereas as per consolidated life revenue account of the company for January to June, 2024, excess of total expenses including claims over total income (deficit) (cont.)
- Q2 Financials
(Cont. news of POPULARLIF): was BDT 488.56 million as against excess of total expenses including claims over total income (deficit) of BDT 1,083.74 million in the corresponding previous period of 2023. Accordingly, Balance of Life Insurance Fund was BDT 16,109.48 million as on June 30, 2024 as against BDT 15,865.28 million as on June 30, 2023 resulting a net increase of BDT 244.20 million. Consolidated NOCFPS was Tk. 21.04 for January to June, 2024 as against Tk. (4.99) for January to June, 2023. (end)
The first part of this announcement is missing from the archive. - Resumption after Record Date
Trading of the shares of the company will resume on 29.07.2024.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 28.07.2024.
- Spot News
Due to unavoidable circumstances the record date of the company has been shifted to 28.07.2024. Hence, 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 24.07.2024 to 25.07.2024 and trading of the shares will remain suspended on record date i.e., 28.07.2024.
- 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 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- (Q1 Un-audited): As per consolidated life revenue account of the company for January to March, 2024, excess of total exp
(Q1 Un-audited): As per consolidated life revenue account of the company for January to March, 2024, excess of total expenses including claims over total income (deficit) was BDT 405.93 million as against excess of total expenses including claims over total income (deficit) of BDT 91.41 million in the corresponding previous period of 2023. (cont.)
- Q1 Financials
(Continuation news of POPULARLIF): Accordingly, Balance of Life Insurance Fund was BDT 16,186.28 million as on March 31, 2024 as against BDT 16,768.18 million as on March 31, 2023 resulting a net decrease of BDT 581.90 million. Consolidated NOCFPS was Tk. 33.88 for January-March 2024 as against Tk. 27.50 for January-March 2023. (end)
The first part of this announcement is missing from the archive. - Qualified Opinion and Other Matters
The auditor of the company has given the "Qualified Opinion and Other Matters" 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/june/POPULARLIF_2023.pdf
- 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 26, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
- Dividend Declaration
The Board of Directors has recommended 37% cash dividend for the year ended December 31, 2023. Date of AGM: 24.09.2024, Time: 12:00 PM, Venue: Digital Platform through the link- https://plicl.bdvirtualagm.com. Record Date: 25.07.2024. The Company has also reported EPS of Tk. 3.70, NAV per share of Tk. 91.20 and NOCFPS of Tk. (14.38) for the year ended December 31, 2023 as against Tk. 3.80, Tk. 92.68 and Tk. (39.21) respectively for the year ended December 31, 2022.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (12.06.2024) following its corporate declaration.
- 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 11, 2024 at 03:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.