Pragati Life Insurance PLC announcements
298 Dhaka Stock Exchange announcements for Pragati Life Insurance PLC (PRAGATILIF) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2014 (13).
- Q3 Earnings
(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported an increase in life insurance fund of Tk. 7.25 million as against Tk. 137.05 million for the same period of the previous year. Whereas increase in life insurance fund was Tk. 188.46 million for the period of 9 months (Jan'14 to Sep'14) ended on 30.09.2014 as against Tk. 303.31 million for the same period of the previous year. Total life insurance fund stood at Tk. 3,758.89 million as on 30.09.2014 as against Tk. 3,456.45 million as on 30.09.2013.
- will launch Open-end Mutual Fund
The Company has informed that the Board of Directors of the Company has decided to approve the proposal to float an Open-end Mutual Fund in the name of "UFS-Pragati Life Unit Fund".
- will resume on 15.09.2014
Normal trading of the shares of the Company will resume on 15.09.2014 after record date.
- trade remain suspended on record
Trading of the shares of the Company will remain suspended on record date i.e., 14.09.2014.
- Q1
(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported an increase in life revenue account of Tk. 202.01 million with total life insurance fund of Tk. 3,772.44 million as against Tk. 115.83 million and Tk. 3,268.97 million respectively for the same period of the previous year.
- H/Y Earnings
(H/Y): As per un-audited half yearly accounts as on 30.06.2014 (Jan'14 to June'14), the Company has reported an increase in life insurance fund of Tk. 181.21 million with total life insurance fund of Tk. 3,751.64 million as against Tk. 166.26 million and Tk. 3,319.39 million respectively for the same period of the previous year. Whereas a decrease in life insurance fund was Tk. 20.80 million for the period of 3 months (Apr'14 to June'14) ended on 30.06.2014 as against an increase of Tk. 50.42 million for the same period of the previous year.
- Spot Market Transaction
Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle from 01.09.2014 to 11.09.2014. Trading of the shares of the Company will remain suspended on record date i.e., 14.09.2014.
- AGM
The Company has further informed that the 14th AGM of the Company will now be held on September 30, 2014 at 12:30 PM. Other information of the AGM will remain unchanged.
- DSE news
DSE NEWS: The Stock Brokers and Merchant Bankers are requested not to provide loan facilities to purchase securities of Pragati Life Insurance Limited starting from August 26, 2014 as per SEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009.
- category change
The Company will be placed in "Z" category from existing "A" category with effect from August 26, 2014 as per Dhaka Stock Exchange (Settlement of Transactions) Regulations, 2013; since the Company did not recommend any dividend for the year ended on December 31, 2013.
- no price limit
There will be no price limit on the trading of the shares of the Company today (25.08.2014) following its corporate declaration.
- dividend declaration
The Board of Directors did not recommend any dividend for the year ended on December 31, 2013. Date of AGM: 16.09.2014, Time: 12:30 PM, Venue: Jamuna Resort Ltd. Bhuapur, Tangail. Record date: 14.09.2014. A fresh AGM date will be announced later on in compliance with relevant law.
- Board Meeting
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on August 24, 2014 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2013
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.