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 2015 (16).
- Q3
Increase in life revenue account for July-September, 2015 was Tk. 92.21 million as against increase of Tk. 7.25 million for July-September, 2014. Whereas increase in life insurance fund for Jan- September, 2015 was Tk. 265.71 million with total life insurance fund of Tk. 4,152.58 million as against increase of Tk. 188.46 million and Tk. 3,758.89 million respectively for Jan- September, 2014.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers, Merchant Bankers and Portfolio Managers are requested not to provide loan facilities to purchase any security of Pragati Life Insurance Ltd. in between 1st to 30th trading day after change of categorization, starting from today; October 28, 2015 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 the bonus shares for the year ended on December 31, 2014 to the respective shareholders' BO Accounts on October 04, 2015.
- Category Change
The Company will be placed in 'A' category from existing 'Z' category with effect from October 28, 2015 as the Company has reported disbursement of 17% cash dividend and 5% stock dividend for the year ended on December 31, 2014.
- Board Meeting
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 29, 2015 at 2:40 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2015.
- Query Response
In response to a DSE query dated September 13, 2015, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Resumption News after Record Date
Normal trading of the shares of the Company will resume on 23.08.2015 after record date.<br>
- Suspension News for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 20.08.2015.
- Spot News for AGM
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 09.08.2015 to 19.08.2015. Trading of the shares of the Company will remain suspended on record date i.e., 20.08.2015.
- Q2 Financials
Increase in life revenue account for April-June, 2015 was Tk. 84.04 million as against decrease of Tk. 20.80 million for April-June, 2014. Whereas increase in life insurance fund for Jan- June, 2015 was Tk. 173.50 million with total life insurance fund of Tk. 4,060.37 million as against increase of Tk. 181.21 million and Tk. 3,751.64 million respectively for Jan-June, 2014.
- Q1 Financials
Increase in life revenue account for Jan- March, 2015 was Tk. 89.46 million with total life insurance fund of Tk. 3,976.33 million as against increase of Tk. 202.01 million and Tk. 3,772.44 million respectively for Jan-June, 2014.
- Dividend Declaration
The Board of Directors has recommended 17% cash dividend and 5% stock dividend for the year ended on December 31, 2014, out of the surplus emerged in 2014 together with accumulated surplus for the year 2013. Date of AGM: 29.09.2015, Time: 11:00 AM, Venue: TCB-Auditorium, TCB Bhaban-1, Kawran Bazar, Dhaka-1215. Record Date: 20.08.2015.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (30.07.2015) 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 July 29, 2015 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2014.
- Land Purchase
The Company has informed that the Board of Directors has decided to purchase a land measuring area of 17 kathas (approximately) at 416/1, Tejgaon Industrial Area, Dhaka-1215 at a cost of Tk. 34.00 crore (approximately) subject to prior approval from Insurance Development & Regulatory Authority (IDRA).
- Query Response
In response to a DSE query dated March 05, 2015, 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.